By Sheri Kasprzak
New York, Nov. 6 - The Health and Educational Facilities Authority of the State of Missouri priced $181.485 million in series 2009 health facilities revenue bonds for Children's Mercy Hospital on Thursday, according to a pricing sheet.
The bonds (/A+/) are due 2011 to 2024 with term bonds due 2029, 2033 and 2039. The serials have coupons from 2% to 5.125%. The 2029 bonds have a 5.25% coupon priced at 97.968 and the 2033 bonds have a 5.5% coupon priced at 98.38. The 2039 bonds have a 5.625% coupon priced at 97.817.
Piper Jaffray & Co. was the senior manager. The co-managers were Loop Capital Markets LLC and UMB Bank N.A.
Proceeds will be used to construct and equip certain facilities operated by the hospital.
Children's Mercy Hospital is located n Kansas City, Mo.
| Issuer: | Health and Educational Facilities Authority of the State of Missouri/Children's Mercy Hospital
|
| Issue: | Series 2009 health facilities revenue bonds
|
| Amount: | $181.485 million
|
| Type: | Negotiated
|
| Underwriters: | Piper Jaffray & Co. (lead), Loop Capital Markets LLC and UMB Bank N.A. (co-managers)
|
| Ratings: | Standard & Poor's: A+
|
| Pricing date: | Nov. 5
|
| Settlement date: | Nov. 19
|
|
|
| Maturity | Type | Coupon | Price
|
| 2011 | Serial | 2% | 100.219
|
| 2012 | Serial | 3% | 101.513
|
| 2013 | Serial | 3% | 100.329
|
| 2014 | Serial | 3.5% | 100.537
|
| 2015 | Serial | 5% | 105.894
|
| 2016 | Serial | 4% | 99.491
|
| 2017 | Serial | 5% | 104.31
|
| 2018 | Serial | 4.5% | 99.789
|
| 2019 | Serial | 4.625% | 99.581
|
| 2019 | Serial | 5% | 102.428
|
| 2020 | Serial | 5% | NRO
|
| 2021 | Serial | 4.75% | 98.262
|
| 2022 | Serial | 5% | 99.723
|
| 2023 | Serial | 5% | 99.032
|
| 2024 | Serial | 5.125% | 99.242
|
| 2029 | Term | 5.25% | 97.968
|
| 2033 | Term | 5.5% | 98.38
|
| 2039 | Term | 5.625% | 97.817
|
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