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Published on 5/26/2016 in the Prospect News Municipals Daily.

South Broward Hospital, Fla., readies $168.03 million refunding bonds

By Sheri Kasprzak

New York, May 26 – The South Broward Hospital District of Florida plans to price $168.03 million of series 2016 hospital refunding revenue bonds on June 9 for Memorial Health Care System, according to a notice of sale.

The bonds (Aa3/AA) will be sold competitively with Ponder & Co. as the financial adviser.

The bonds are due 2017 to 2037.

Proceeds will be used to refund the district’s series 2006 and 2008 revenue and refunding bonds.


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