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Fred Hutchinson Cancer Research, Wash., to sell $115.39 million bonds
By Sheri Kasprzak
New York, Oct. 22 - The Washington Health Care Facilities Authority is expected to price $115.39 million in series 2009A revenue bonds for the Fred Hutchinson Cancer Research Center, according to a preliminary official statement.
The bonds (A2/A/) will be sold on a negotiated basis with Barclays Capital Inc. as the senior manager. The co-managers are J.P. Morgan Securities Inc. and Merrill Lynch & Co.
The bonds are due 2010 to 2033 with a term bond.
Proceeds will be used to refund the cancer center's series 2001B and 2002 bonds.
The Fred Hutchinson Cancer Research Center is located in Seattle.
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