Orange Regional Medical plans $70 million of bonds for early this year

New York, Jan. 9 – Orange Regional Medical Center is planning to issue $70 million of debt early this year, according to a notice.

The debt will be sold through one or more bond offerings, and may be tax-exempt and/or taxable.

Proceeds will be used to fund construction of a medical office building connected to the center’s north campus as well as a new cancer center.

Orange Regional Medical Center operates a hospital in Middletown, N.Y. along with several outpatient facilities.

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