Indiana Finance to price $288.51 million revenue refunding bonds for Sisters of St. Francis

By Cristal Cody

Springdale, Ark., Aug 7 - The Indiana Finance Authority plans to price $288.51 million revenue refunding bonds for the Sisters of St. Francis Health Services, according to a preliminary official statement.

The series 2008C bonds (Aa3//AA) have serial maturities from 2009 through 2028 and terms due 2033 and 2036.

Citigroup Global Markets is the senior manager of the negotiated sale, and Merrill Lynch & Co. is the co-manager.

Proceeds will be used to refund the series 2006A and series 2006B revenue refunding bonds.

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