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Published on 3/21/2012 in the Prospect News Municipals Daily.

Kaiser Permanente, Calif., organizes sale of taxable bonds

By Sheri Kasprzak

New York, March 21 - Kaiser Permanente of California is expected to come to market with taxable bonds, according to a preliminary official statement. The principal amount being offered was unavailable Wednesday.

The bonds will be sold through Citigroup Global Markets Inc., Goldman Sachs & Co. and J.P. Morgan Securities LLC.

Proceeds from the sale will be used for general corporate purposes for the health system.

Kaiser Permanente is a health care company based in Oakland, Calif.


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