Infirmary Health System, Ala., offers $130 million revenue bonds

By Sheri Kasprzak

New York, Feb. 11 – The Infirmary Health System Special Care Facilities Financing Authority of Mobile, Ala., is expected to come to market with $130 million of series 2016A revenue bonds, according to a preliminary official statement.

The bonds (A-) will be sold on a negotiated basis with J.P. Morgan Securities LLC as the lead manager.

The maturities have not been set.

Proceeds will be used to finance capital projects for the health system and to refund the authority’s series 2010A revenue bonds.

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