Maryland Health to sell $120 million Anne Arundel bonds Thursday

By Sheri Kasprzak

New York, Jan. 16 - The Maryland Health and Educational Facilities Authority is scheduled to price its previously announced $120 million in series 2009 revenue bonds for Anne Arundel Health Systems on Thursday, according to an offering calendar Friday.

The bonds (A3/A-/) will be sold through lead managers Citigroup Global Markets Inc. and Manufacturers and Traders Trust Co.

The bonds are due 2011 to 2019 with term bonds due 2029 and 2039.

Proceeds will be used to construct, equip and acquire a new patient tower, kitchen, cafeteria, lobby, waiting area, gift shop, anatomic/pathology lab and two floors of shell space. The rest will be used to expand the emergency department.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.