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Published on 1/31/2013 in the Prospect News Municipals Daily.

New Issue: Adventist Health System West, Calif., sells $50 million taxable bonds

By Sheri Kasprzak

New York, Jan. 31 - The Adventist Health System West of California sold $50 million of series 2013 taxable bonds, according to a pricing sheet.

The bonds (/A/A) were sold through Wells Fargo Securities LLC and Bank of America Merrill Lynch.

The bonds are due March 1, 2023 and have a 3.378% coupon priced at par.

Proceeds will be used for general corporate purposes.

Issuer:Adventist Health System West
Issue:Series 2013 taxable bonds
Amount:$50 million
Maturity:March 1, 2023
Coupon:3.378%
Price:100
Type:Negotiated
Underwriters:Wells Fargo Securities LLC and Bank of America Merrill Lynch
Ratings:Standard & Poor's: A
Fitch: A
Pricing date:Jan. 24
Settlement date:Feb. 5

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