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Northampton County General Purpose, Pa., preps $215.6 million of bonds
By Sheri Kasprzak
New York, June 21 – The Northampton County General Purpose Authority of Pennsylvania is set to price $215.6 million of series 2016A hospital revenue bonds for St. Luke’s University Health Network, according to a preliminary official statement.
The bonds (A3/A-) will be sold on a negotiated basis with BofA Merrill Lynch as the senior manager.
The maturities have not been set.
Proceeds will be used to finance capital projects for the health network and to advance refund the authority’s series 2008A revenue bonds.
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