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Washington Health Care to sell $98.64 million bonds for PeaceHealth
By Sheri Kasprzak
New York, Sept. 22 - The Washington Health Care Facilities Authority is expected to price $98.64 million in series 2009 revenue bonds for PeaceHealth, according to a preliminary official statement.
The bonds (/AA-/AA) will be sold on a negotiated basis with Goldman, Sachs & Co. as the lead manager. The co-managers are Merrill Lynch & Co. Inc. and Wells Fargo Brokerage Services LLC.
The maturities have not been set.
Proceeds will be used to repay and retire taxable debt incurred to refund and redeem the Washington series 1993 bonds, as well as to refund the health system's series 2008B-D bonds.
The Washington Health Care Facilities Authority is based in Olympia, Wash.
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