Connecticut Health arranges $75 million of Hartford Healthcare bonds

By Sheri Kasprzak

New York, April 16 – The Connecticut Health and Educational Facilities Authority is set to price $75 million of series 2015F revenue bonds for Hartford Healthcare, according to a preliminary official statement.

The bonds (A2/A/A) will be sold on a negotiated basis with Morgan Stanley & Co. LLC as the senior manager. The co-managers are BofA Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC.

The maturities have not been set.

The health care system intends to use the proceeds to refinance a line of credit.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.