Indiana Finance to sell $225 million bonds for Sisters of St. Francis

By Sheri Kasprzak

New York, Oct. 14 - The Indiana Finance Authority is expected to price $225 million in series 2009A health system revenue bonds for the Sisters of St. Francis Health Services Inc., according to a preliminary official statement.

The bonds (Aa3//AA) will be sold through Merrill Lynch & Co. Inc. and Morgan Stanley & Co. Inc.

The bonds are due 2039 and 2048.

Proceeds will be used to construct, acquire, improve and equip health care facilities operated by Sisters of St. Francis Health.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.