Cook Children's Medical Center, Texas, to bring $98.96 million bonds

By Sheri Kasprzak

New York, Jan. 12 - The Tarrant County Health Facilities Development Corp. plans to bring to market $98.96 million in series 2010A hospital revenue bonds for Cook Children's Medical Center, according to a preliminary official statement.

The bonds (Aa3/AA-/) will be sold through J.P. Morgan Securities Inc. The co-managers are Goldman, Sachs & Co. and Bank of America Merrill Lynch.

The maturities have not yet been set.

Proceeds will be used to develop, construct and acquire a new patient tower at Cook Children's Medical Center in Fort Worth.

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