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Published on 9/12/2013 in the Prospect News Municipals Daily.

New Issue: North Shore-Long Island Jewish Health, N.Y., sells $250 million bonds

By Sheri Kasprzak

New York, Sept. 12 - The North Shore-Long Island Jewish Health System of New York priced $250 million of series 2013A taxable bonds, according to a pricing sheet.

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

The bonds are due 2043 and have a 6.15% coupon priced at 99.723 to yield 6.171%.

Proceeds will be used for general corporate purposes.

Issuer:North Shore-Long Island Jewish Health System
Issue:Series 2013A taxable bonds
Amount:$250 million
Maturity:Nov. 1, 2043
Coupon:6.15%
Price:99.723
Yield:6.171%
Type:Negotiated
Underwriters:Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC (lead)
Ratings:Moody's: A3
Standard & Poor's: A-
Fitch: A-
Pricing date:Sept. 10
Settlement date:Sept. 17

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