New Issue: Mayo Clinic, Minn., brings $300 million of 3.774% taxable bonds

By Sheri Kasprzak

New York, Aug. 28 - The Mayo Clinic of Minnesota priced $300 million of series 2012B taxable bonds, according a pricing sheet.

The bonds (Aa2/AA/) were sold through Bank of America Merrill Lynch and Wells Fargo Securities LLC.

The bonds are due Nov. 15, 2043 and have a 3.774% coupon priced at par.

Proceeds will be used for eligible corporate purposes.

Issuer:	Mayo Clinic, Minn.
Issue:	Series 2012B taxable bonds
Amount:	$300 million
Maturity:	Nov. 15, 2043
Coupon:	3.774%
Price:	100
Type:	Negotiated
Underwriters:	Bank of America Merrill Lynch and Wells Fargo Securities LLC
Rating:	Moody's: Aa2
	Standard & Poor's: AA
Pricing date:	Aug. 23
Settlement date:	Sept. 20

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