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Iowa Finance to price $95.5 million bonds for Genesis Health Thursday
By Sheri Kasprzak
New York, June 7 - The Iowa Finance Authority is set to sell $95.5 million in series 2010 health care revenue bonds for Genesis Health System on Thursday, according to a sales calendar.
The bonds (A1) will be sold through Piper Jaffray & Co.
Proceeds from the sale will be used to reimburse the health system for improvements to be completed in 2011, as well as to refund the system's series 1997 and 2000 bonds.
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