Franklin County, Ohio, to sell $50 million of health care revenue debt

By Sheri Kasprzak

New York, Oct. 28 - Franklin County, Ohio, plans to price $50 million of series 2013A health care facilities improvement revenue bonds for the OPRS Communities, according to a preliminary official statement.

The bonds (/BBB-/) will be sold on a negotiated basis with Ziegler Capital Inc. as the underwriter.

The maturities have not been set.

Proceeds will be used to reimburse the corporation for the construction, equipment, renovation and improvement of health care facilities, as well as to retire a loan from PNC Bank.

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