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Harris County Cultural Education to sell $79.51 million bonds Jan. 7 for Texas Children's Hospital
By Sheri Kasprzak
New York, Dec. 30 - The Harris County Cultural Education Facilities Finance Corp. of Texas plans to bring to market $79.51 million in series 2010 hospital revenue bonds for the Texas Children's Hospital, according to a preliminary official statement. The sale, according to a calendar, is expected on Jan. 7.
The bonds (Aa2/AA/AA) will be sold on a negotiated basis with J.P. Morgan Securities Inc. as the senior manager. The co-managers are RBC Capital Markets Corp. and Edward Jones & Co.
The bonds are due 2010 to 2020 with term bonds due 2025 and 2029.
Proceeds will be used to refund existing debt.
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