Louisiana Public Facilities to price $151.06 million refunding bonds

By Sheri Kasprzak

New York, April 26 – The Louisiana Public Facilities Authority plans to price $151.06 million of series 2016 refunding revenue bonds for the Ochsner Clinic Foundation, according to a preliminary official statement.

The bonds (Baa1//A-) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager.

The bonds are due 2017 to 2036 with term bonds due in 2041 and 2047.

Proceeds will be used to refund existing debt.

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