Missouri Health readies $100 million BJC Health System offering

By Sheri Kasprzak

New York, Oct. 22 - The Missouri Health and Educational Facilities Authority is set to price $100 million of series 2013C variable-rate revenue bonds for BJC Health System, according to a preliminary official statement.

The bonds (Aa2/P-1/AA/A-1+/) will be sold through underwriter RBC Capital Markets LLC.

The bonds are due Jan. 1, 2050.

Proceeds will be loaned to BJC to finance, refinance and reimburse the system for the construction, demolition, improvement, rehabilitation and renovation of health care facilities throughout the state.

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