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Saint Luke’s Health, Mo., to sell $251.82 million health facility bonds
By Sheri Kasprzak
New York, April 25 – The Missouri Health and Educational Facilities Authority is expected to price $251.82 million of series 2016 health facilities revenue bonds for Saint Luke’s Health, according to a preliminary official statement.
The bonds (A1/A+/) will be sold on a negotiated basis with RBC Capital Markets LLC and J.P. Morgan Securities LLC as the lead managers.
The bonds are due 2020 to 2035 with a term bond due in 2042.
Proceeds will be used to refund the health care system’s series 2003A-B, 2005A-B and 2012B revenue bonds.
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