Catholic Health East to price $145.74 million health revenue bonds

By Sheri Kasprzak

New York, May 31 - Catholic Health East plans to price $145.74 million of series 2012A composite issue health system revenue bonds, according to a preliminary official statement.

The offering includes $27.94 million of bonds through the City of Tampa, Fla., $16,545,000 of bonds through the North Carolina Medical Care Commission and $101,255,000 of bonds through the Saint Mary Hospital Authority of Pennsylvania.

The bonds (/A/A+) will be sold through lead managers Bank of America Merrill Lynch and J.P. Morgan Securities LLC.

The maturities have not been set.

Proceeds will be used to refund existing revenue bonds issued for Catholic Health East properties.

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