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Published on 3/18/2011 in the Prospect News Municipals Daily.

Montgomery County, Ohio, plans $100 million Miami Valley Hospital bonds

By Sheri Kasprzak

New York, March 18 - Montgomery County, Ohio, is expected to sell $100 million of series 2011A revenue bonds for Miami Valley Hospital, said a preliminary official statement.

The bonds (Aa3//AA-) will be sold on a negotiated basis with Barclays Capital Inc. and Wells Fargo Securities LLC as the senior managers.

The bonds are due 2012 to 2023.

Proceeds will be used to construct and equip a patient tower to house the hospital's cardiac and orthopedic wing as well as make renovations, improvements and additions to other hospital facilities.

The hospital is located in Dayton, which is the county seat.


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