Washington Health Care Facilities prepares $55 million of revenue debt

By Sheri Kasprzak

New York, July 14 – The Washington Health Care Facilities Authority is slated to price $55 million of series 2014 revenue bonds for the Overlake Hospital Medical Center, according to a preliminary official statement.

The bonds (A2/A/) will be sold on a negotiated basis with BofA Merrill Lynch and RBC Capital Markets LLC.

The maturities have not been set.

Proceeds will be used to refund the authority’s series 2003 and 2005A-B revenue bonds.

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