Marin Healthcare District, Calif., eyes $170 million G.O. bond offering

By Sheri Kasprzak

New York, Oct. 23 – The Marin Healthcare District of California is expected to price $170 million of election of 2013 series 2015 general obligation bonds on Tuesday, according to a preliminary official statement.

The deal includes $157.41 million of series 2015A bonds and $12.59 million of series 2015B taxable bonds.

The 2015A bonds are due 2017 to 2035 with term bonds due in 2040 and 2045.

The 2015B bonds are due Aug. 1, 2016.

The bonds (Aa2) will be sold through senior managers Morgan Stanley & Co. LLC and Stifel, Nicolaus & Co.

Proceeds will be used to finance capital projects for the district.

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