Washington Health Care preps $100 million of Providence Health bonds

By Sheri Kasprzak

New York, Aug. 18 – The Washington Health Care Facilities Authority is expected to price $100 million of series 2014C revenue bonds for Providence Health & Services on Wednesday, according to a preliminary official statement.

The bonds (Aa3/AA-/AA) will be sold on a negotiated basis with BofA Merrill Lynch as the senior manager.

The maturities have not been set.

Proceeds will be used to finance capital projects for the health system.

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