Maryland Health plans $123.28 million bonds for Charlestown Community

By Sheri Kasprzak

New York, Nov. 23 - The Maryland Health and Higher Educational Facilities Authority is set to price $123.275 million of series 2010 revenue bonds for Charlestown Community Inc., said a preliminary official statement.

The bonds (//A) will be sold through Ziegler Capital Markets Inc. with RBC Capital Markets Corp. and M&T Securities Inc. as the co-managers.

The bonds are due 2012 to 2022 with term bonds due 2030, 2040 and 2045.

Proceeds will be used to expand, equip and renovate apartments and facilities for Charlestown Community's retirement communities in Baltimore.

Based in Baltimore, the authority provides funding for educational, health care, nonprofit and other organizations. Charlestown Community is based in Baltimore.

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