California Statewide plans $1.5 billion of bonds for Kaiser Permanente

By Sheri Kasprzak

New York, March 21 - The California Statewide Communities Development Authority is set to sell $1.5 billion of series 2012A revenue bonds for Kaiser Permanente, according to a preliminary official statement.

The bonds (/A+/A+) will be sold through lead managers Citigroup Global Markets Inc., Goldman, Sachs & Co. and J.P. Morgan Securities LLC.

The maturity dates have not been set.

Proceeds will be used to finance the construction, acquisition, equipment and furnishing of hospitals, health facilities and offices operated by Kaiser.

© 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.