Alaska Industrial Development to price $51.25 million of revenue bonds

By Sheri Kasprzak

New York, March 18 - The Alaska Industrial Development and Export Authority is set to price $51,245,000 of series 2014 revenue bonds for the Greater Fairbanks Community Hospital Foundation, according to a preliminary official statement.

The bonds (/A/A) will be sold on a negotiated basis with U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC as the senior managers.

The bonds are due 2015 to 2034.

Proceeds will be used to construct, acquire, equip and install a new surgical suite at the hospital, as well as to make other repairs and improvements.

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