Maine Health plans $64.89 million bond offering via Morgan Stanley

By Sheri Kasprzak

New York, April 23 - The Maine Health and Higher Educational Facilities Authority is expected to come to market with $64,885,000 of series 2013A revenue bonds, according to a preliminary official statement.

The bonds (A1//AA) will be sold on a negotiated basis with Morgan Stanley & Co. LLC and BofA Merrill Lynch as the senior managers. The co-managers are Raymond James/Morgan Keegan and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will be used to refund existing debt.

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