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California Health Facilities preps $284.61 million sale of Adventist Health revenue bonds
By Sheri Kasprzak
New York, Jan. 16 - The California Health Facilities Financing Authority is expected to price $284.61 million of series 2013A revenue bonds for Adventist Health System West, according to a preliminary official statement.
The bonds (/A/A) will be sold through Wells Fargo Securities LLC and Bank of America Merrill Lynch.
The bonds are due 2015 to 2028 with term bonds due in 2033 and 2043.
Proceeds will be used to finance new capital projects at the health system's facilities.
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