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Lakeland, Fla., to price refunding bonds for Lakeland Regional Health
By Sheri Kasprzak
New York, July 11 - The City of Lakeland, Fla., plans to sell $77.38 million of series 2011 hospital revenue refunding bonds for the Lakeland Regional Health Systems, according to a preliminary official statement.
The bonds (A2) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the underwriter.
The maturities have not been set.
Proceeds will be used to refund the health system's series 1996A, 1997A-B and 1999B revenue bonds.
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