Maryland Health preps $127.19 million MedStar Health revenue bond sale

By Sheri Kasprzak

New York, March 6 - The Maryland Health and Higher Educational Facilities Authority is set to price $127,195,000 of series 2013A revenue bonds for MedStar Health, said a preliminary official statement.

The bonds (A2/A-/A) will be sold on a negotiated basis with Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as the senior managers. The co-managers are BofA Merrill Lynch, Loop Capital Markets LLC, RBC Capital Markets LLC, US Bancorp Investments Inc. and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will be used to finance capital projects and refund the authority's series 1998A-B revenue bonds.

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