North Shore-Long Island Jewish Health plans $135 million taxable bonds

By Sheri Kasprzak

New York, Sept. 7 - The North Shore-Long Island Jewish Health System is set to price $135 million of series 2012B taxable bonds, according to a preliminary official statement.

The bonds (A3/A-/A-) will be sold through lead managers Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC.

The bonds are due Nov. 1, 2042.

Proceeds will be used to reimburse the system for capital improvements or future capital investments, as well as to repay amounts under a revolving credit instrument.

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