By Sheri Kasprzak
New York, July 10 - The Tarrant County Cultural Education Facilities Finance Corp. of Texas priced $68.95 million of series 2013A hospital revenue bonds for the Cook Children's Medical Center, according to a pricing sheet.
The bonds (Aa2/AA/) were sold through senior managers J.P. Morgan Securities LLC and Goldman Sachs & Co.
The bonds are due Dec. 1, 2039 and have a 5.25% coupon priced at 103.296.
Proceeds will be used to refund the center's series 2010B-C revenue bonds.
| Issuer: | Tarrant County Cultural Education Facilities Finance Corp./Cook Children's Medical Center
|
| Issue: | Series 2013A hospital revenue bonds
|
| Amount: | $68.95 million
|
| Maturity: | Dec. 1, 2039
|
| Coupon: | 5.25%
|
| Price: | 103.296
|
| Type: | Negotiated
|
| Underwriters: | J.P. Morgan Securities LLC and Goldman Sachs & Co. (lead)
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA
|
| Pricing date: | July 10
|
| Settlement date: | Aug. 1
|
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