New Mexico Hospital Equipment to price $70 million bonds Nov. 10 week

By Sheri Kasprzak

New York, Nov. 10 - The New Mexico Hospital Equipment Loan Council is expected to price $70 million in series 2008E term-rate hospital system revenue bonds this week, according to a sales calendar.

The exact pricing date was not immediately available.

The bonds (Aa3/AA-/AA-) will be sold through senior manager Goldman, Sachs & Co.

The bonds are due 2034.

Proceeds will be used to reimburse Presbyterian Health Services for constructing and equipping a base station for Albuquerque Ambulance Service, for the construction of a parking garage at Presbyterian and for capital expenditures.

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