Ochsner Clinic Foundation, La., plans $252.53 million of taxable bonds

By Sheri Kasprzak

New York, June 9 – The Ochsner Clinic Foundation of Louisiana is set to price $252.53 million of series 2015 taxable bonds, according to a preliminary official statement.

The bonds (Baa1//BBB+) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the sole underwriter.

The bonds are due May 15, 2045.

Proceeds will be used for capital and general corporate purposes.

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