Douglas County Hospital Authority, Neb., preps $80.94 million offering

By Sheri Kasprzak

New York, Aug. 28 – The Douglas County Hospital Authority No. 2 of Nebraska plans to price $80,935,000 of series 2014 hospital revenue bonds for the Madonna Rehabilitation Hospital, according to a preliminary official statement.

The bonds (/BBB+/) will be sold on a negotiated basis with Wells Fargo Securities LLC and Smith Hayes Financial Services Corp. as the senior managers.

The bonds are due 2016 to 2029 with term bonds due in 2034 and 2044.

Proceeds will be used to construct, equip, acquire and improve a 260,000 square-foot rehabilitation facility in Omaha.

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