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Published on 2/15/2011 in the Prospect News Municipals Daily.

New Hampshire HEFA to sell $50 million of bonds for Concord Hospital

By Sheri Kasprzak

New York, Feb. 15 - The New Hampshire Health and Education Facilities Authority is set to sell $50 million of series 2011 revenue bonds for Concord Hospital, said a preliminary official statement.

The bonds (A2/A) will be sold on a negotiated basis with George K. Baum & Co. and RBC Capital Markets LLC as the senior managers.

The bonds are due 2011 to 2026.

The proceeds will be used to construct new buildings on the hospital's campus, upgrade existing lighting and power systems, install a new boiler system, construct two new operating rooms and refund the hospital's series 1996 bonds.

Based in Concord, N.H., the authority provides funding for health care and educational capital projects.


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