New Issue: Memorial Sloan-Kettering, N.Y., sells $400 million 4.125% taxable bonds

By Sheri Kasprzak

New York, Nov. 30 - The Memorial Sloan-Kettering Cancer Center of New York brought $400 million of series 2012A taxable bonds, according to a term sheet.

The bonds (Aa3/AA-/AA) were sold through Goldman, Sachs & Co.

The bonds are due July 1, 2052, and have a 4.125% coupon priced at 99.378.

Proceeds will be used to finance capital projects for the center.

Issuer:	Memorial Sloan-Kettering Cancer Center
Issue:	Series 2012A taxable bonds
Amount:	$400 million
Maturity:	July 1, 2052
Coupon:	4.125%
Price:	99.378
Type:	Negotiated
Underwriters:	Goldman, Sachs & Co. (lead), J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC (co-managers)
Rating:	Moody's: Aa3
	Standard & Poor's: AA-
	Fitch: AA
Pricing date:	Nov. 29
Settlement date:	Dec. 5

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