Wisconsin Health preps $70 million sale of Gundersen Lutheran bonds

By Sheri Kasprzak

New York, Aug. 23 - The Wisconsin Health and Educational Facilities Authority plans to price $70 million of series 2012 revenue bonds for Gundersen Lutheran Administrative Services, Inc., according to a preliminary official statement.

The bonds (A1/A+/A+) will be sold through senior manager Bank of America Merrill Lynch with Wells Fargo Securities LLC as the co-manager.

The maturities have not been set.

Proceeds will be used to reimburse Gundersen Lutheran for the costs of construction, equipment and remodeling of the La Crosse hospital campus.

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