Franklin County, Ohio, to price $75 million of hospital bonds Tuesday

By Sheri Kasprzak

New York, May 1 – Franklin County, Ohio, is on tap to price $75 million of series 2015A hospital improvement revenue bonds for the Nationwide Children’s Hospital on Tuesday, according to a preliminary official statement.

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

The maturities have not been set.

Proceeds will be used to construct, equip, improve and acquire real property utilized by the hospital, which is based in Columbus.

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