Washington Health Care plans $273.06 million Seattle Children’s bonds

By Sheri Kasprzak

New York, Jan. 12 – The Washington Health Care Facilities Authority is expected to price $273,055,000 of series 2015 revenue bonds for the Seattle Children’s Hospital, said a preliminary official statement.

The deal includes $100 million of series 2015A bonds and $173,055,000 of series 2015B refunding bonds.

The bonds (Aa2//AA) will be sold through J.P. Morgan Securities LLC with Morgan Stanley & Co. LLC and Wells Fargo Securities LLC as the co-managers.

The maturities have not been set.

Proceeds will be used to construct, equip, renovate and improve health-care facilities operated by the hospital, as well as to refund the authority’s series 2008C and 2009 revenue bonds.

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