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Published on 12/3/2009 in the Prospect News Municipals Daily.

Washington Health to price $102.59 million bonds for MultiCare Health

By Sheri Kasprzak

New York, Dec. 3 - The Washington Health Care Facilities Authority is expected to sell $102.59 million in series 2010A revenue bonds for MultiCare Health System, according to a preliminary official statement.

Pricing is expected on Thursday, according to a sales calendar.

The bonds (A1/A+/) will be sold through senior manager J.P. Morgan Securities Inc. The co-managers are Merrill Lynch & Co. and Wells Fargo Securities Inc.

The bonds are due 2010 to 2022.

Proceeds will be used to refund existing debt issued for MultiCare Health.

MultiCare Health is based in Tacoma, Wash.


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