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Published on 8/13/2010 in the Prospect News Municipals Daily.

New Jersey Healthcare Facilities Financing sets $128 million sale for Robert Wood Johnson hospital

By Sheri Kasprzak

New York, Aug. 13 - The New Jersey Healthcare Facilities Financing Authority is set to price $128 million in series 2010 revenue refunding bonds for the Robert Wood Johnson University Hospital during the week of Aug. 16, according to a calendar of upcoming deals.

The bonds (A2/A-/) will be sold on a negotiated basis with J.P. Morgan Securities Inc. as the lead manager. Citigroup Global Markets Inc. is the co-manager.

Proceeds will be used to refund the authority's series 2000 bonds and to make a deposit to a debt service reserve fund.


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