Martin County Health, Fla., eyes $105 million of Martin Memorial bonds

By Sheri Kasprzak

New York, Aug. 24 – The Martin County Health Facilities Authority of Florida is expected to price $105 million of series 2015 hospital revenue bonds for the Martin Memorial Medical Center on Thursday, according to a preliminary official statement.

The bonds (Baa1/BBB+/) will be sold on a negotiated basis with Barclays and Ziegler Inc. as the senior managers.

The maturities have not been set.

Proceeds will be used to construct, improve, equip and renovate Tradition Medical Center.

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