By Sheri Kasprzak
New York, July 31 - The Wisconsin Health and Educational Facilities Authority sold $115.75 million of series 2013A revenue bonds for the Aurora Health Care Inc., according to a pricing sheet.
The bonds (A3//A) were sold through BofA Merrill Lynch and BMO Capital Markets LLC.
The bonds are due in 2031 and 2035. The 2031 bonds have a 5.125% coupon priced at 98.905 to yield 5.22%. The 2035 bonds have a 5.25% coupon priced at 98.466 to yield 5.37%.
Proceeds will be used to construct, equip, acquire and renovate existing Aurora Health facilities, as well as to current refund the authority's series 2003 revenue bonds.
| Issuer: | Wisconsin Health and Educational Facilities Authority/Aurora Health Care Inc.
|
| Issue: | Series 2013A revenue bonds
|
| Amount: | $115.75 million
|
| Type: | Negotiated
|
| Underwriters: | BofA Merrill Lynch and BMO Capital Markets LLC (lead)
|
| Ratings: | Moody's: A3
|
| Fitch: A
|
| Pricing date: | July 31
|
| Settlement date: | Aug. 15
|
|
|
| Amount | Maturity | Type | Coupon | Price | Yield
|
| $59,165,000 | 2031 | Term | 5.125% | 98.905 | 5.22%
|
| $56,585,000 | 2035 | Term | 5.25% | 98.466 | 5.37%
|
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