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Phoenix Children's Hospital to price $294.5 million of refunding bonds
By Sheri Kasprzak
New York, Aug. 20 - The Arizona Health Facilities Authority plans to sell $294.5 million of series 2012A hospital revenue refunding bonds for the Phoenix Children's Hospital, according to a preliminary official statement.
The bonds (/BBB+/) will be sold on a negotiated basis with J.P. Morgan Securities LLC as the senior manager. Bank of America Merrill Lynch is the co-manager.
The maturities have not been set.
Proceeds will be used to refund the authority's series 2007 revenue bonds issued for the children's hospital.
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