Fairfax County, Va., development authority to price $550 million bonds Wednesday for Inova

By Sheri Kasprzak

New York, April 6 - The Industrial Development Authority of Fairfax County in Virginia plans to sell its previously announced $550 million in series 2009 healthcare revenue bonds for Inova Health System on Wednesday, according to a calendar of upcoming sales.

The deal includes $360 million in series 2009A serial bonds and $190 million in series 2009B term bonds.

Citigroup Global markets Inc. is the lead manager with Merrill Lynch & Co. Inc., BB&T Capital Markets and Wachovia Securities as the co-managers.

Proceeds will be loaned to Inova Health System.

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