Carroll Hospital Center, Md., to price $61.87 million of revenue bonds

By Sheri Kasprzak

New York, April 25 - The Maryland Health and Higher Educational Facilities Authority is set to sell $61.87 million of series 2012 A revenue bonds for the Carroll Hospital Center, according to a preliminary official statement.

The bonds (A3//BBB+) will be sold on a negotiated basis with Wells Fargo Securities LLC as the senior manager. The co-managers are Bank of America Merrill Lynch and M&T Securities Inc.

The bonds are due 2012 to 2027.

Proceeds will be used to refund existing debt issued for the hospital center.

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