Pennsylvania to price $88.54 million bonds for Albert Einstein Health

By Cristal Cody

Tupelo, Miss., Sept. 11 - The Pennsylvania Economic Development Financing Authority plans to price $88.54 million revenue bonds for the Albert Einstein Healthcare Network, according to a preliminary official statement.

The series 2008A bonds have serial maturities from 2009 through 2018.

The bonds (A3//A-) will be sold in a negotiated sale managed by Goldman, Sachs & Co.

Proceeds will be used to help refund the Hospitals and Higher Education Facilities Authority of Philadelphia series 1998A revenue bonds.

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