Franklin County, Ohio, to offer $100 million revenue bonds for Nationwide Children's Hospital

By Sheri Kasprzak

New York, Nov. 20 - The County of Franklin in Ohio plans to price $100 million in series 2009 hospital improvement revenue bonds for the Nationwide Children's Hospital project, according to a preliminary official statement.

The bonds (Aa2/AA/) will be sold on a negotiated basis with PNC Capital Markets and J.P. Morgan Securities Inc. as the lead managers.

The maturities have not been set.

Proceeds will be used to construct a new inpatient, outpatient and administrative building.

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