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North Carolina Medical Commission to sell $330 million bonds for North Carolina Baptist Hospital
By Sheri Kasprzak
New York, Feb. 8 - The North Carolina Medical Commission is expected to price $330 million in series 2010 hospital revenue refunding bonds for North Carolina Baptist Hospital, according to a preliminary official statement.
The bonds (Aa3/AA-/) will be sold through senior managers Morgan Stanley & Co. and BB&T Capital Markets. The co-manager is Goldman Sachs & Co.
The maturities have not been set.
Proceeds will be used to refund existing North Carolina Baptist Hospital debt.
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