Berks County Municipal Authority, Pa., to sell $136.64 million bonds for Reading Hospital Tuesday

By Sheri Kasprzak

New York, June 11 - The Berks County Municipal Authority in Pennsylvania is scheduled on Tuesday to price $136.635 million in series 2009A-3 fixed-rate revenue bonds for the Reading Hospital and Medical Center, according to an offering calendar.

The bonds (Aa3/AA/AA-) will be sold through lead manager RBC Capital Markets Corp.

The bonds are due 2009 to 2019 with term bonds due 2024, 2031 and 2039.

Proceeds will be used to renovate Reading Hospital's laboratory and to refinance existing debt.

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