Wellmont Health, Tenn., offers $76.17 million revenue refunding bonds

By Sheri Kasprzak

New York, April 29 - The Health, Educational and Housing Facilities Board of the County of Sullivan, Tenn., is set to price $76.165 million of series 2011 hospital revenue refunding bonds for Wellmont Health System, according to a preliminary official statement.

The bonds (/BBB+/) will be sold through senior manager Merrill Lynch.

The maturities have not been set.

Proceeds will be used to refund the health care system's series 2006A bonds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.