By Aaron Hochman-Zimmerman
New York, Aug. 19 - The Wisconsin Health and Educational Facilities Authority announced the pricing of $152.3 million of series 2008B restructuring bonds (Aa3/AA-/) at a true interest cost of 5.42% on behalf of the Children's Hospital of Wisconsin, according to a market source.
The bonds carry serial maturities from 2017 to 2019, with term bonds due 2024, 2029 and 2037.
Goldman, Sachs & Co. acted as underwriter for the negotiated bonds.
Proceeds will be used to restructure existing debt.
The Wisconsin Health and Educational Facilities Authority is located in Brookfield, Wis.
| Issuer: | Wisconsin Health and Educational Facilities Authority
|
| Issue: | Series 2008B restructuring bonds
|
| Amount: | $152.3 million
|
| Maturities: | Serial bonds from 2017 to 2019, term bonds due 2024, 2029, 2037
|
| True interest cost: | 5.42%
|
| Underwriter: | Goldman, Sachs & Co.
|
| Type: | Negotiated
|
| Pricing date: | Aug. 19
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
© 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.
