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
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Amount: | $250 million
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Maturity: | Nov. 1, 2043
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Coupon: | 6.15%
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Price: | 99.723
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Yield: | 6.171%
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Type: | Negotiated
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Underwriters: | Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC (lead)
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Ratings: | Moody's: A3
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| Standard & Poor's: A-
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| Fitch: A-
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Pricing date: | Sept. 10
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Settlement date: | Sept. 17
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