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MedAmerica Health, Ohio, to sell $130 million bonds for Miami Valley
By Sheri Kasprzak
New York, Feb. 9 - MedAmerica Health Systems of Ohio plans to price $130 million in series 2009 revenue refinance bonds (//AA-) for Miami Valley Hospital during the week, according to a calendar of upcoming deals.
The bonds will be sold through lead manager Merrill Lynch & Co. The co-manager is Goldman, Sachs & Co.
The sale includes $100 million in series 2009A bonds and $30 million in series 2009B bonds. The 2009B bonds are five- or seven-year tender bonds.
Proceeds will be used to refinance existing debt.
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