Dauphin County, Pa., to price $130 million of Pinnacle Health bonds

By Sheri Kasprzak

New York, July 11 - The Dauphin County General Authority of Pennsylvania plans to price $130 million of series 2012A health system revenue bonds for the Pinnacle Health System, according to a preliminary official statement.

The bonds (A3/A/) will be sold through senior manager Citigroup Global Markets Inc. with M&T Securities Inc. and Wells Fargo Securities LLC as the co-managers.

The maturities have not been set.

Proceeds will be used to construct, equip and acquire a 200,000 square-foot hospital in Hampden Township, Pa., and to renovate the Harrisburg Hospital in Harrisburg, Pa.

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