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Ascension Health, Mo., prepares $430 million offering of taxable bonds
By Sheri Kasprzak
New York, May 24 - The Ascension Health Alliance of Missouri plans to price $430 million of series 2013A taxable bonds, according to a preliminary official statement.
The bonds (Aa2/AA+/AA+) will be sold on a negotiated basis with Morgan Stanley & Co. LLC as the senior manager. The co-managers are Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Wells Fargo Securities LLC.
The maturities have not been set.
Proceeds will be used for general corporate purposes.
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