Missouri Health coordinates $232.88 million of SSM Health revenue debt

By Sheri Kasprzak

New York, April 14 - The Health and Educational Facilities Authority of the State of Missouri is set to price $232,875,000 of series 2014A health care revenue bonds for SSM Health Care, according to a preliminary official statement.

The bonds (/A+/AA-) will be sold on a negotiated basis with Goldman, Sachs & Co. and Citigroup Global Markets Inc. as the senior managers. The co-managers are BofA Merrill Lynch, Barclays and J.P. Morgan Securities LLC.

The bonds are due 2020 to 2033.

Proceeds will be used to finance and refinance capital improvements for the authority, as well as to refinance debt.

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