Maryland Health to sell $71.46 million bonds for Anne Arundel Health

By Sheri Kasprzak

New York, Oct. 4 - The Maryland Health and Higher Educational Facilities Authority plans to come to market with $71.46 million of series 2012 revenue bonds for Anne Arundel Health System, according to a preliminary official statement.

The bonds (A3/A-/A-) will be sold on a negotiated basis with Citigroup Global Markets Inc. and BB&T Capital Markets as the senior managers.

The bonds are due 2013 to 2022 with term bonds due in 2027 and 2034.

Proceeds will be used to refund existing debt.

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