Wisconsin Health to price $248.37 million of UnityPoint revenue bonds

By Sheri Kasprzak

New York, April 25 - The Wisconsin Health and Educational Facilities Authority plans to price $248.37 million of series 2014 health facilities revenue bonds for UnityPoint Health, according to a preliminary official statement.

The deal includes $93,095,000 of series 2014A bonds, $42,735,000 of series 2014B-1 variable-rate bonds, $42,735,000 of series 2014B-2 variable-rate bonds and $69,805,000 of series 2014C bonds.

The bonds (Aa3/P-1//AA-/F1+) will be sold on a negotiated basis with J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as the senior managers.

The maturities have not been set.

Proceeds will be used to refinance the debt of Meriter Health Services Inc. and refund the authority's series 2005A bonds.

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