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Iowa Finance Authority to sell $50 million variable rate demand revenue bonds for Iowa Health System
By Aaron Hochman-Zimmerman
New York, July 20 - The Iowa Finance Authority plans to price $50 million of series 2009F variable rate demand health facility revenue bonds (Aa3//AA-) on Thursday, according to a calendar of upcoming sales.
The bonds will price on behalf of Iowa Health System.
J.P. Morgan Securities Inc. will act as underwriter for the negotiated deal.
The bonds will carry maturities from 2012 to 2014.
The Iowa Finance Authority is located in Des Moines.
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