Torrance, Calif., to price $135 million for Torrance Memorial Tuesday

By Sheri Kasprzak

New York, Sept. 10 - The City of Torrance, Calif., plans to sell $135 million in series 2010A revenue bonds for Torrance Memorial Medical Center on Tuesday, according to a calendar of pending deals.

The bonds (A2/A+/) will be sold through Citigroup Global Markets Inc. and J.P. Morgan Securities Inc.

Proceeds will be used to finance and reimburse the medical center for certain of its health care facilities.

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