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Yavapai County, Ariz., authority to sell $72.36 million hospital bonds
By Sheri Kasprzak
New York, Sept. 21 - The Industrial Development Authority of the County of Yavapai in Arizona is expected to price $72.36 million of series 2011 hospital revenue refunding bonds for Northern Arizona Healthcare System, according to a preliminary official statement.
The bonds (AA-) will be sold on a negotiated basis with Bank of America Merrill Lynch as the underwriter.
The bonds are due 2012 to 2026.
Proceeds will be used to refund the Flagstaff, Ariz.-based health care system's series 1996A and 1998 hospital revenue bonds.
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