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