By Sheri Kasprzak
New York, April 5 - The Oregon Facilities Authority sold $111.47 million of series 2011A refunding revenue bonds for the Legacy Health System on Tuesday, said a pricing sheet.
The bonds (A2/A+) were sold through Citigroup Global Markets Inc. with Merrill Lynch and Wells Fargo Securities LLC as the co-managers.
The bonds are due 2012 to 2021 with coupons from 3% to 5.25%.
Proceeds will be used to refund Legacy Health's series 2001 bonds.
| Issuer: | Oregon Facilities Authority/Legacy Health System
|
| Issue: | Series 2011A refunding revenue bonds
|
| Amount: | $111.47 million
|
| Type: | Negotiated
|
| Underwriters: | Citigroup Global Markets Inc. (lead), Merrill Lynch and Wells Fargo Securities LLC (co-managers)
|
| Ratings: | Moody's: A2
|
| Standard & Poor's: A+
|
| Pricing date: | April 5
|
| Settlement date: | May 5
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $5.495 million | 2012 | Serial | 3% | 101.466
|
| $5.81 million | 2013 | Serial | 4% | 103.82
|
| $5.775 million | 2014 | Serial | 4% | 104.293
|
| $6.575 million | 2015 | Serial | 5% | 107.31
|
| $7.405 million | 2016 | Serial | 5% | 107.189
|
| $8.24 million | 2017 | Serial | 5% | 106.428
|
| $1.515 million | 2018 | Serial | 4% | 99.097
|
| $7.645 million | 2018 | Serial | 5% | 105.11
|
| $8.68 million | 2019 | Serial | 4.125% | 97.768
|
| $11.3 million | 2019 | Serial | 5.25% | 105.26
|
| $1.585 million | 2020 | Serial | 4.5% | 98.618
|
| $19.385 million | 2020 | Serial | 5.25% | 104.068
|
| $1.835 million | 2021 | Serial | 4.625% | 98.157
|
| $20.225 million | 2021 | Serial | 5.25% | 103.056
|
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