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Children's Healthcare of Atlanta to price $200 million refunding revenue anticipation certificates, bonds
By Cristal Cody
Springdale, Ark., April 9 - Children's Healthcare of Atlanta plans to price $200 million refunding revenue anticipation certificates and bonds.
The sale includes $110 million series 2008B and $40 million series 2008C refunding revenue anticipation certificates and $50 million series 2008B refunding revenue bonds, according to the statement released Tuesday.
The certificates will price through the DeKalb Private Hospital Authority, and the bonds will price through the Development Authority of Fulton County.
The bonds and certificates (Aa2/AA/-) are due July 1, 2039.
The bonds will bear interest at a weekly interest rate.
Citi is the senior manager, and SunTrust Robinson Humphrey is the co-manager of the negotiated sale.
Proceeds will be used to refund the hospital's series 2005A and 2005B revenue anticipation certificates and series 2005B revenue bonds.
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