By Sheri Kasprzak
New York, Sept. 16 – The Oregon Facilities Authority priced $71.07 million of series 2015C revenue bonds for Providence Health and Services, according to a pricing sheet.
The bonds (Aa3/AA-/AA) were sold through BofA Merrill Lynch.
The bonds are due Oct. 1, 2045 and have a 4% coupon to yield 4.11% and a 5% coupon to yield 3.71%.
Proceeds will be used to finance capital improvements to Providence Health facilities.
Issuer: | Oregon Facilities Authority/Providence Health and Services
|
Issue: | Series 2015C revenue bonds
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Amount: | $71.07 million
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Type: | Negotiated
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Underwriter: | BofA Merrill Lynch
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Ratings: | Moody’s: Aa3
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| Standard & Poor’s: AA-
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| Fitch: AA
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Pricing date: | Sept. 10
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Settlement date: | Sept. 30
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Amount | Maturity | Type | Coupon | Yield
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$51.07 million | Oct. 1, 2045 | Term | 4% | 4.11%
|
$20 million | Oct. 1, 2045 | Term | 5% | 3.71%
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