Charleston Area Medical Center, W.Va., to sell $178.21 million bonds

By Sheri Kasprak

New York, Aug. 17 - The West Virginia Hospital Finance Authority is expected to bring to market $178.21 million in series 2009A hospital revenue refunding and improvement bonds for the Charleston Area Medical Center, according to a preliminary official statement.

The bonds (A2) will be sold through senior managers Merrill Lynch & Co. Inc. and BB&T Capital Markets Inc.

The maturities have not yet been set.

Proceeds will be used to refund the hospital's outstanding series 2002 bonds, as well as pay fees associated with a swap termination agreement.

© 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.