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California Statewide plans $1.5 billion of bonds for Kaiser Permanente
By Sheri Kasprzak
New York, March 21 - The California Statewide Communities Development Authority is set to sell $1.5 billion of series 2012A revenue bonds for Kaiser Permanente, according to a preliminary official statement.
The bonds (/A+/A+) will be sold through lead managers Citigroup Global Markets Inc., Goldman, Sachs & Co. and J.P. Morgan Securities LLC.
The maturity dates have not been set.
Proceeds will be used to finance the construction, acquisition, equipment and furnishing of hospitals, health facilities and offices operated by Kaiser.
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