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Washington Health Care to sell $60 million bonds for Kadlec Regional
By Cristal Cody
Tupelo, Miss., Aug. 10 - Washington Health Care Facilities Authority plans to bring an offering of $60 million of revenue bonds for Kadlec Regional Medical Center, according to a preliminary official statement.
The series 2012 bonds (Baa3) have serial maturities from 2015 through 2022 and terms due 2027, 2032 and 2042.
Piper Jaffray & Co. will manage the negotiated sale.
Proceeds will be used to finance or reimburse the medical center for costs to acquire, construct, remodel, renovate and equip health care facilities.
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