Maryland Health offers $68.52 million Greater Baltimore Medical bonds

By Sheri Kasprzak

New York, March 17 - The Maryland Health and Higher Educational Facilities Authority plans to price $68.515 million of series 2011 revenue bonds for the Greater Baltimore Medical Center, according to a preliminary official statement.

The bonds (A2/A/) will be sold through senior managers Raymond James & Associates Inc. and J.P. Morgan Securities LLC.

The bonds are due 2012 to 2021 with term bonds due 2026 and 2034.

Proceeds will be used to make renovations and expansions to Greater Baltimore Medical facilities, as well as to refund bonds.

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