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Missouri Health Educational Facilities offers $355 million revenue bonds for Mercy Health
By Cristal Cody
Tupelo, Miss., Oct. 27 – The Health and Educational Facilities Authority of the State of Missouri plans to price $355 million of series 2014F revenue bonds for Mercy Health, according to a preliminary official statement.
The bonds (Aa3/AA-/) do not have maturities set yet.
BofA Merrill Lynch is the lead manager of the negotiated sale. The co-managers are Barclays, Edward D. Jones & Co., LP and J.P. Morgan Securities LLC.
Proceeds from the deal will be used to finance, refinance and reimburse the costs for certain Mercy Health facilities.
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