New Issue: Colorado Health sells $49.2 million Christian Living Communities bonds

By Sheri Kasprzak

New York, Oct. 12 - The Colorado Health Facilities Authority sold $49,195,000 of series 2012 revenue refunding bonds for the Christian Living Communities Project, according to a pricing sheet. The offering was downsized from $50.52 million.

The bonds are due 2014 to 2023 with term bonds due in 2030 and 2037. The serial coupons range from 2.5% to 5%. The 2030 bonds have a split maturity with a 4.9% coupon priced at par and a 5.125% coupon priced at 102.383. The 2037 bonds have a split maturity with a 5.125% coupon priced at par and a 5.25% coupon priced at 101.447.

Ziegler Capital Markets and Stifel, Nicolaus & Co. Inc. were the senior managers.

Proceeds will be used to refund the authority's series 2006 and 2009 revenue bonds.

Issuer:	Colorado Health Facilities Authority/Christian Living Communities Project
Issue:	Series 2012 revenue refunding bonds
Amount:	$49,195,000
Type:	Negotiated
Underwriters:	Ziegler Capital Markets and Stifel, Nicolaus & Co. Inc. (lead)
Pricing date:	Oct. 11
Settlement date:	Oct. 25
Amount	Maturity	Type	Coupon	Price
$1.31 million	2014	Serial	2.5%	100
$1.35 million	2015	Serial	4%	102.949
$1,395,000	2016	Serial	4%	103.318
$1,445,000	2017	Serial	3%	99.607
$1.5 million	2018	Serial	3.25%	99.76
$1.55 million	2019	Serial	5%	107.121
$1,635,000	2020	Serial	5%	106.828
$1,735,000	2021	Serial	4.1%	99.308
$1.81 million	2022	Serial	5%	105.647
$1.9 million	2023	Serial	4.4%	99.184
$10 million	2030	Term	4.9%	100
$6,215,000	2030	Term	5.125%	102.383
$7 million	2037	Term	5.125%	100
$10.35 million	2037	Term	5.25%	101.447

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