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Special Care Facilities of Pell, Ala., to sell $87.63 million of revenue bonds for Noland Health
By Sheri Kasprzak
New York, Feb. 17 - The Special Care Facilities Financing Authority of the City of Pell, Ala., is gearing up to price $87.63 million of series 2012A revenue bonds for Noland Health Services Inc., said a preliminary official statement.
The bonds (/A-/) will be sold through senior manager RBC Capital Markets LLC.
The bonds are due 2012 to 2021, with term bonds due in 2026, 2031 and 2039.
Proceeds will be used to finance capital improvements at Noland health care facilities, as well as to advance refund the health care system's series 2007A revenue bonds and refund its series 2009A revenue bonds.
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