New Issue: Trinity Health Credit brings to market $350 million of taxable bonds

By Sheri Kasprzak

New York, Feb. 12 – The Trinity Health Credit Group sold $350 million of series 2015 taxable bonds, according to a pricing sheet.

The bonds (Aa3/AA-/AA) were sold through Goldman, Sachs & Co. and BofA Merrill Lynch.

The bonds are due Dec. 1, 2045 and have a 4.125% coupon priced at 99.901.

Proceeds will be used for general corporate purposes.

Issuer:	Trinity Health Credit Group
Issue:	Series 2015 taxable bonds
Amount:	$350 million
Maturity:	Dec. 1, 2045
Coupon:	4.125%
Price:	99.901
Type:	Negotiated
Underwriters:	Goldman, Sachs & Co. and BofA Merrill Lynch (lead), J.P. Morgan Securities LLC and Wells Fargo Securities LLC (co-managers)
Ratings:	Moody’s: Aa3
	Standard & Poor’s: AA-
	Fitch: AA
Pricing date:	Feb. 5
Settlement date:	Feb. 12

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