By Sheri Kasprzak
New York, Sept. 30 - The Orange County Health Facilities Authority of Florida priced $137.265 million in series 2009 revenue bonds for The Nemours Foundation, according to a pricing sheet.
The bonds (//AA+) are due 2013 to 2019 with term bonds due 2029 and 2039. The coupons on the serials range from 4% to 5%. The 2029 bonds have a 5% coupon, as do the 2039 bonds. Neither term bond was reoffered.
Morgan Stanley & Co. Inc. was the senior manager.
Proceeds will be used to fund the construction of a children's hospital, as well as refund the foundation's series 2007 variable-rate bonds.
| Issuer: | Orange County Health Facilities Authority/The Nemours Foundation
|
| Issue: | Series 2009 revenue bonds
|
| Amount: | $137.265 million
|
| Type: | Negotiated
|
| Underwriter: | Morgan Stanley & Co. Inc. (lead)
|
| Rating: | Fitch: AA+
|
| Pricing date: | Sept. 30
|
| Settlement date: | Oct. 15
|
|
|
| Maturity | Type | Coupon | Price
|
| 2013 | Serial | 4% | 105.835
|
| 2014 | Serial | 4% | 106.163
|
| 2015 | Serial | 4% | 106.276
|
| 2016 | Serial | 4% | 105.915
|
| 2017 | Serial | 4% | 104.979
|
| 2018 | Serial | 5% | 111.450
|
| 2019 | Serial | 5% | 111.551
|
| 2029 | Term | 5% | NRO
|
| 2039 | Term | 5% | NRO
|
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