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Knox County Health, Educational and Housing, Tenn., plans $117.11 million bonds for Covenant
By Sheri Kasprzak
New York, Nov. 6 - The Knox County Health, Educational and Housing Facilities Board of Tennessee is expected to price $117,105,000 of series 2012A hospital revenue refunding bonds for Covenant Health, according to a preliminary official statement.
The bonds will be sold on a negotiated basis with Citigroup Global Markets Inc. and Raymond James/Morgan Keegan as the senior managers. The co-managers are J.P. Morgan Securities LLC and U.S. Bancorp Inc.
The maturities have not been set.
Proceeds will be used to refund the board's series 2002A revenue bonds issued for Covenant Health.
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