Colorado Health preps $109.15 million offering of NCMC revenue bonds

By Sheri Kasprzak

New York, April 22 – The Colorado Health Facilities Authority is set to price $109,145,000 of series 2016 hospital revenue bonds for NCMC, Inc., according to a preliminary official statement. The pricing is scheduled for Wednesday.

The bonds (/A+/A+) will be sold on a negotiated basis with Wells Fargo Securities LLC as the senior manager.

The bonds are due 2020 to 2033.

Proceeds will be used to construct, equip, renovate and improve facilities at North Colorado Medical Center, as well as to refund the authority’s series 2003A-B revenue bonds.

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