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Kansas finance to sell $333.81 million in bonds for Adventist Health
By Sheri Kasprzak
New York, June 5 - The Kansas Development Finance Authority is scheduled to sell $333.805 million in series 2009C hospital revenue bonds for Adventist Health System/Sunbelt Obligated Group on Wednesday, according to a calendar of sales.
The bonds (A1/A+/AA-) will be sold on a negotiated basis with Ziegler Capital Markets as the senior manager.
The bonds have a final maturity in 2038.
Proceeds will be used to refund a portion of Adventist's existing variable-rate demand bonds.
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