By Sheri Kasprzak
New York, April 27 – The Colorado Health Facilities Authority sold $109,145,000 of series 2016 hospital revenue bonds for NCMC, Inc., said a pricing sheet.
The bonds (/A+/A+) were sold through Wells Fargo Securities LLC.
The bonds are due 2019 to 2033 with 2% to 5% coupons and yields from 1.02% to 3.29%.
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.
| Issuer: | Colorado Health Facilities Authority/NCMC, Inc.
|
| Issue: | Series 2016 hospital revenue bonds
|
| Amount: | $109,145,000
|
| Type: | Negotiated
|
| Underwriter: | Wells Fargo Securities LLC
|
| Ratings: | Standard & Poor’s: A+
|
| Fitch: A+
|
| Pricing date: | April 27
|
| Settlement date: | May 12
|
|
|
| Maturity | Type | Coupon | Price | Yield
|
| 2019 | Serial | 2% | 102.896 | 1.02%
|
| 2020 | Serial | 3% | 107.186 | 1.16%
|
| 2021 | Serial | 4% | 112.843 | 1.34%
|
| 2022 | Serial | 2% | 102.572 | 1.55%
|
| 2023 | Serial | 5% | 121.863 | 1.68%
|
| 2024 | Serial | 5% | 123.346 | 1.85%
|
| 2025 | Serial | 5% | 124.152 | 2.05%
|
| 2026 | Serial | 5% | 125.029 | 2.20%
|
| 2027 | Serial | 5% | 123.511 | 2.35%
|
| 2028 | Serial | 5% | 122.511 | 2.45%
|
| 2029 | Serial | 4% | 110.135 | 2.83%
|
| 2030 | Serial | 4% | 109.587 | 2.89%
|
| 2031 | Serial | 4% | 109.042 | 2.95%
|
| 2032 | Serial | 4% | 108.5 | 3.01%
|
|
|
| 2033 | Serial | 3.25% | 98.481 | 3.29%
|
|
|
|
|
© 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.
