West Virginia Hospital Finance Authority plans $104.42 million bonds for United Health System

By Sheri Kasprzak

New York, Nov. 18 - The West Virginia Hospital Finance Authority is expected to bring $104.415 million in series 2009C hospital revenue refunding and improvement bonds for West Virginia United Health System Obligated Group, according to a preliminary official statement.

The bonds (A2/A+/) will be sold on a negotiated basis with Merrill Lynch & Co. Inc. as the lead manager. The co-manager is J.P. Morgan Securities Inc.

The bonds are due 2017 to 2024 with term bonds due 2029 and 2039.

Proceeds will be used to construct, acquire, equip and renovate facilities operated by West Virginia United Health, as well as refund the authority's series 2008C 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.