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Published on 3/11/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Partners Healthcare, Mass., to bid $15 million on series F-2 bonds

By Tali Rackner

Norfolk, Va., March 11 - Partners Healthcare System, Inc. will make $15 million of bids on its $75 million of series F-2 (2005) revenue bonds at a rate no less than Sifma, according to a notice.

The bonds were priced through Massachusetts Health and Educational Facilities Authority in 2005.

The bids will be made at auctions on March 13.

Partners said it hopes to obtain a lower interest rate on the bonds through the bid procedure.

Partners Healthcare is a Boston-based operator of acute-care and specialty hospitals.

The authority, also based in Boston, provides financing to the state's nonprofit organizations.


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