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Published on 8/10/2012 in the Prospect News Municipals Daily.

Washington Health Care to sell $60 million bonds for Kadlec Regional

By Cristal Cody

Tupelo, Miss., Aug. 10 - Washington Health Care Facilities Authority plans to bring an offering of $60 million of revenue bonds for Kadlec Regional Medical Center, according to a preliminary official statement.

The series 2012 bonds (Baa3) have serial maturities from 2015 through 2022 and terms due 2027, 2032 and 2042.

Piper Jaffray & Co. will manage the negotiated sale.

Proceeds will be used to finance or reimburse the medical center for costs to acquire, construct, remodel, renovate and equip health care facilities.


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