Indiana Finance preps $163.4 million Indiana University Health bonds

By Sheri Kasprzak

New York, Jan. 12 – The Indiana Finance Authority is expected to price $163,395,000 of series 2016A hospital revenue refunding bonds for the Indiana University Health Obligated Group, according to a preliminary official statement.

The bonds (Aa3/AA-/AA) will be sold through senior managers J.P. Morgan Securities LLC and RBC Capital Markets LLC.

The bonds are due 2017 to 2025.

Proceeds will be used to refund all or a portion of the obligated group’s series 2006B revenue bonds.

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