Washington Health readies $77.64 million Providence Health bond sale

By Sheri Kasprzak

New York, Aug. 3 – The Washington Health Care Facilities Authority is set to price $77,635,000 of series 2015A revenue bonds for Providence Health & Services on Thursday, according to a preliminary official statement.

The bonds (Aa3/AA-/AA) will be sold on a negotiated basis with BofA Merrill Lynch and Morgan Stanley & Co. LLC as the lead managers.

The maturities have not been set.

Proceeds will be used to construct, equip, remodel and improve Providence Health facilities.

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