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Mayo Clinic, Minn., readies $300 million sale of taxable bonds
By Sheri Kasprzak
New York, Aug. 16 - The Mayo Clinic in Rochester, Minn., is set to price $300 million of series 2012B taxable bonds, according to a preliminary official statement.
The bonds (Aa2/AA/) will be sold through senior managers Bank of America Merrill Lynch and Wells Fargo Securities LLC.
The bonds are due Nov. 15, 2043.
Proceeds will be used for eligible corporate purposes.
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