Tampa, Fla., to sell $186.09 million revenue bonds for BayCare Health

By Sheri Kasprzak

New York, April 11 - The City of Tampa, Fla., plans to come to market with $186.09 million of series 2012A health system revenue bonds for the BayCare Health System, according to a preliminary official statement.

The bonds (Aa2//AA) will be sold through senior manager Morgan Stanley & Co. LLC. The co-managers are Raymond James & Associates Inc. and Morgan Keegan & Co. Inc.

The maturities have not been set.

Proceeds will be used to finance or refinance capital improvements to the health system's affiliate hospitals and health care facilities, as well as to refund existing bonds.

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