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UMass Memorial Health considers deal for refunding 1998 and 2005 bonds
By Sheri Kasprzak
New York, Oct. 14 – The UMass Memorial Health Care Inc. announced Wednesday that it is considering a refunding offering.
The corporation could issue series 2016-I revenue bonds through the Massachusetts Development Finance Agency, subject to market and other conditions.
Proceeds from the potential deal will be used to refund $33,275,000 of outstanding series 1998 revenue bonds and $107.45 million of outstanding series 2005 bonds.
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