By Sheri Kasprzak
New York, Dec. 8 - The New Jersey Health Care Facilities Financing Authority sold $200.595 million of series 2011 refunding bonds for the Meridian Health System Obligated Group, according to a pricing sheet.
The bonds (/A-/A) were sold on a negotiated basis.
The bonds are due 2012 to 2027 with 2% to 5% coupons.
Proceeds will be used to refund existing Meridian Health System's series 1994, 1997, 1999 and 2001 bonds.
Issuer: | New Jersey Health Care Facilities Financing Authority/Meridian Health System Obligated Group
|
Issue: | Series 2011 refunding bonds
|
Amount: | $200.595 million
|
Type: | Negotiated
|
Ratings: | Standard & Poor's: A-
|
| Fitch: A
|
Pricing date: | Dec. 8
|
Settlement date: | Dec. 21
|
|
Amount | Maturity | Type | Coupon | Price
|
$13.86 million | 2012 | Serial | 2% | 100.694
|
$1.835 million | 2013 | Serial | 2% | 100.873
|
$9 million | 2013 | Serial | 4% | 103.885
|
$1.215 million | 2014 | Serial | 3% | 102.977
|
$10 million | 2014 | Serial | 5% | 107.898
|
$1.765 million | 2015 | Serial | 4% | 106.147
|
$10 million | 2015 | Serial | 5% | 109.524
|
$2.185 million | 2016 | Serial | 4% | 106.736
|
$10 million | 2016 | Serial | 5% | 111
|
$2.935 million | 2017 | Serial | 4% | 106.845
|
$10 million | 2017 | Serial | 5% | 111.954
|
$3.53 million | 2018 | Serial | 4% | 106.253
|
$10 million | 2018 | Serial | 5% | 112.153
|
$2.515 million | 2019 | Serial | 4% | 105.245
|
$10 million | 2019 | Serial | 5% | 111.885
|
$125,000 | 2020 | Serial | 3.5% | 100.072
|
$10.505 million | 2020 | Serial | 5% | 111.053
|
$450,000 | 2021 | Serial | 4% | 102.713
|
$11.47 million | 2021 | Serial | 5% | 110.696
|
$50,000 | 2022 | Serial | 3.75% | 99.311
|
$10.325 million | 2022 | Serial | 5% | 110.057
|
$10.875 million | 2023 | Serial | 5% | 108.432
|
$11.415 million | 2024 | Serial | 5% | 106.924
|
$14.765 million | 2025 | Serial | 5% | 105.788
|
$15.495 million | 2026 | Serial | 5% | 104.667
|
$1.28 million | 2027 | Serial | 4.5% | 99.556
|
$15 million | 2027 | Serial | 5% | 103.814
|
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