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Maine Health coordinates $84.88 million of MaineHealth revenue bonds
By Sheri Kasprzak
New York, Dec. 9 – The Maine Health and Higher Educational Facilities Authority is set to price $84.88 million of series 2014 revenue bonds for MaineHealth, according to a preliminary official statement.
The bonds (/A+/) will be sold on a negotiated basis with Morgan Stanley & Co. LLC and BofA Merrill Lynch as the senior managers. The co-managers are Goldman Sachs & Co., Raymond James/Morgan Keegan and Wells Fargo Securities LLC.
The maturities have not been set.
Proceeds will be used to construct and equip the Maine Medical Center’s Bean Building level 2 and to construct and equip a new medical building in Norway, Maine.
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