Colorado Health organizes $205.6 million of Evangelical Lutheran bonds

By Sheri Kasprzak

New York, June 11 – The Colorado Health Facilities Authority is set to price $205,605,000 of series 2015A health facilities revenue and refunding bonds for the Evangelical Lutheran Good Samaritan Society, said a preliminary official statement.

The bonds (Baa1/BBB+/A-) will be sold through senior managers Citigroup Global Markets Inc. and Herbert J. Sims & Co. Inc.

The bonds are due 2016 to 2036 with term bonds due in 2040 and 2045.

Proceeds will be used to finance the construction, equipment, improvement and renovation of home-health and nursing facilities in Kissimmee, Fla.; Jeffersontown, Ky.; Waconia, Minn.; Pine River, Minn.; Grand Island, Neb.; Sioux Falls, S.D.; Denton, Texas; Hurst, Texas; Mesquite, Texas; and El Paso.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.