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Columbus Regional Healthcare, Ga., to sell $108.1 million certificates
By Sheri Kasprzak
New York, Nov. 12 - The Medical Center Hospital Authority in Georgia plans to sell $108.095 million in series 2008 revenue anticipation certificates for the Columbus Regional Healthcare System, according to a preliminary official statement.
The bonds (//A-) will be sold on a negotiated basis with Citigroup Global Markets as the lead manager.
The offering is expected to price at the end of November.
The proceeds will be used to redeem a bridge loan issued to purchase Doctors Hospital from HCA Inc. The rest will be used to refund the authority's series 1992B certificates.
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