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Washington Healthcare Facilities Authority plans $100 million revenue bond offer
By Aaron Hochman-Zimmerman
New York, Jan. 30 - The Washington Healthcare Facilities Authority in the state of Washington announced an offering of $100 million of series 2008A and 2008B revenue bonds, according to a preliminary statement.
The bonds are split into two $50 million tranches, each of which has serial maturities from 2009 to 2014 and term bonds which mature in 2019, 2024, 2029 and 2039.
Merrill Lynch & Co. will act as underwriter for the negotiated issue.
Proceeds will be used to fund hospital expansion and maintenance.
Washington Healthcare is headquartered in Olympia, Wash.
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