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Christus Health, Texas and La., to sell $328.29 million bonds Thursday
By Sheri Kasprzak
New York, Nov. 10 - The Christus Health Group plans to sell its previously announced $328.285 million in series 2008 revenue refunding bonds on Thursday, according to a sales calendar.
The bonds will be sold through the Tarrant County Cultural Education Facilities Finance Corp. and the Louisiana Public Facilities Authority.
The sale includes $283.8 million in series 2008A bonds for Tarrant and $44.485 million in series 2008B bonds for Louisiana.
The bonds will be sold through lead manager Citigroup Global Markets. The co-managers are Goldman, Sachs & Co., J.P. Morgan Securities Inc. and Merrill Lynch & Co.
Proceeds will be used to refund existing Texas and Louisiana bonds issued for Christus Health and to make a deposit to a debt service reserve fund.
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