Colorado Health Facilities organizes $65.42 million revenue bond deal

By Sheri Kasprzak

New York, Sept. 9 - The Colorado Health Facilities Authority is expected to come to market with $65.42 million of series 2013 health facilities revenue bonds for the Evangelical Lutheran Good Samaritan Society, according to a preliminary official statement.

The bonds (A3/A-/) will be sold on a negotiated basis with Citigroup Global Markets Inc. and Herbert J. Sims & Co. as the senior managers.

The maturities have not been set.

Proceeds will be used to construct, equip and acquire nursing facilities, health care facilities and senior housing facilities at various Colorado Health campuses in Arizona, Colorado, Florida, Indiana, Iowa, Minnesota, Nebraska, New Mexico, South Dakota and Texas.

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