Published on 6/14/2013 in the Prospect News Municipals Daily.
New Issue: Ascension Health Alliance, Mo., sells $425 million 4.847% taxable bonds
By Sheri Kasprzak
New York, June 14 - The Ascension Health Alliance of Missouri sold $425 million of series 2013A taxable bonds, according to a pricing sheet.
The bonds (Aa2/AA+/AA+) were sold through Morgan Stanley & Co. LLC.
The bonds are due Nov. 15, 2053 and have a 4.847% coupon priced at par.
Proceeds will be used for general corporate purposes.
Issuer: | Ascension Health Alliance
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Issue: | Series 2013A taxable bonds
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Amount: | $425 million
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Maturity: | Nov. 15, 2053
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Coupon: | 4.847%
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Price: | 100
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Yield: | 4.847%
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Type: | Negotiated
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Underwriters: | Morgan Stanley & Co. LLC (lead), Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Wells Fargo Securities LLC (co-managers)
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Rating: | Moody's: Aa2
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| Standard & Poor's: AA+
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| Fitch: AA+
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Pricing date: | June 13
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Settlement date: | June 18
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