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Published on 2/4/2015 in the Prospect News Municipals Daily.

New Issue: New York-Presbyterian Hospital brings $750 million 4.024% taxable bonds

By Sheri Kasprzak

New York, Feb. 4 – The New York-Presbyterian Hospital sold $750 million of series 2015 taxable bonds, according to an official statement.

The bonds (Aa3//AA) were sold through Goldman, Sachs & Co.

The bonds are due Aug. 1, 2045 and have a 4.024% coupon priced at par.

Proceeds will be used for eligible corporate purposes.

Issuer:New York-Presbyterian Hospital
Issue:Series 2015 taxable bonds
Amount:$750 million
Maturity:Aug. 1, 2045
Coupon:4.024%
Price:100
Type:Negotiated
Underwriter:Goldman, Sachs & Co.
Ratings:Moody’s: Aa3
Fitch: AA
Pricing date:Jan. 29
Settlement date:Feb. 5

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