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Partners Healthcare, Mass., to make $15 million of bids on F-2 bonds
By Tali David
Minneapolis, Oct. 8 - Partners Healthcare System, Inc. said it would make $15 million of bids on its $75 million series F-2 (2005) revenue bond at a rate no less than Sifma, according to a notice.
The bids will be made at an auction on Thursday.
Partners said it is bidding on the bonds because it is interested in obtaining a lower interest rate.
The bonds originally priced through Massachusetts Health and Educational Facilities Authority. The authority, based in Boston, provides financing to the state's nonprofit organizations to expand services, update facilities and employ citizens throughout the commonwealth.
Partners Healthcare is a Boston operator of acute-care and specialty hospitals.
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