Oregon Facilities to sell $164.47 million of Providence Health bonds

By Sheri Kasprzak

New York, Sept. 3 - The Oregon Facilities Authority plans to price $164,465,000 of series 2013C revenue bonds for the Providence Health and Services, according to a preliminary official statement.

The bonds (Aa2/AA/AA) will be sold on a negotiated basis with BofA Merrill Lynch as the underwriter.

The maturities have not been set.

Proceeds will be used to refund the authority's series 2003D-G revenue bonds and its series 2004 revenue bonds issued for Providence Health.

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