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Published on 6/10/2011 in the Prospect News Municipals Daily.

Washington Health Care plans $100 million bonds for Providence Health

By Sheri Kasprzak

New York, June 10 - The Washington Health Care Facilities Authority plans to price $100 million of series 2011B revenue bonds for Providence Health & Services, said a preliminary official statement.

The bonds (Aa2/AA-/AA-) will be sold on a negotiated basis with Bank of America Merrill Lynch and Goldman, Sachs & Co. as the senior managers.

The maturities have not been set.

Proceeds will be used to refund Providence Health's series 2001A bonds.


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