Published on 3/6/2013 in the Prospect News Municipals Daily.
New Issue: Maimonides Medical Center, N.Y., sells $100.54 million of taxable revenue bonds
By Sheri Kasprzak
New York, March 6 - The Maimonides Medical Center of New York priced $100,535,000 of series 2013 Government National Mortgage Association taxable revenue bonds, according to an official statement.
The bonds (Aaa/AA+/) were sold through BofA Merrill Lynch.
The bonds are due March 20, 2032, and bear interest at 3.3% priced at 103.196.
Proceeds will be used to acquire certain GNMA securities.
| Issuer: | Maimonides Medical Center, N.Y.
|
| Issue: | Series 2013 Government National Mortgage Association taxable revenue bonds
|
| Amount: | $100,535,000
|
| Maturity: | March 20, 2032
|
| Coupon: | 3.3%
|
| Price: | 103.196
|
| Type: | Negotiated
|
| Underwriter: | BofA Merrill Lynch
|
| Pricing date: | Feb. 27
|
| Settlement date: | March 20
|
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