Fairview Health Services, Minn., to sell $500 million revenue bonds

By Cristal Cody

Tupelo, Miss., Oct. 23 - Fairview Health Services expects to sell $500 million in fixed-rate revenue bonds through the city of Minneapolis once market conditions improve, according to a preliminary official statement.

Additional city council approval will be required if the bonds are not sold by March 25, 2009.

Fairview Health plans to sell the bonds to refund all of the outstanding series 2004A, 2005A, 2005B and 2005C revenue refunding bonds.

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