Palomar Pomerado Health, Calif., to price $224 million COPs via Citi

By Sheri Kasprzak

New York, Oct. 29 - Palomar Pomerado Health of California is expected to price $224 million in certificates of participation, according to a preliminary official statement.

The COPs (Baa2//BBB) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager.

The maturities have not yet been set.

Proceeds will be used to finance the construction, equipment and acquisition of PPH's hospital facilities.

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