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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
Issue:Series 2013A taxable bonds
Amount:$425 million
Maturity:Nov. 15, 2053
Coupon:4.847%
Price:100
Yield:4.847%
Type:Negotiated
Underwriters:Morgan Stanley & Co. LLC (lead), Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Wells Fargo Securities LLC (co-managers)
Rating:Moody's: Aa2
Standard & Poor's: AA+
Fitch: AA+
Pricing date:June 13
Settlement date:June 18

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