St. Tammany Parish Hospital, La., plans $54.02 million refunding bonds

By Sheri Kasprzak

New York, Oct. 21 - The St. Tammany Parish Hospital Service District No. 1 of Louisiana plans to bring $54.02 million of series 2011 hospital refunding revenue bonds for the St. Tammany Parish Hospital, said a preliminary official statement.

The bonds (A-/A) will be sold on a negotiated basis with Raymond James & Associates Inc. as the underwriter.

The bonds are due 2012 to 2021.

Proceeds will be used to refund all of the district's prior bonds.

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