Clackamas County, Ore., hospital authority to sell $167.13 million bonds for Legacy Health

By Sheri Kasprzak

New York, May 5 - The Hospital Authority of Clackamas County in Oregon plans to price $167.125 million in series 2009 revenue bonds for Legacy Health System, according to a preliminary official statement.

The pricing, according to one offering calendar, is scheduled for May 13.

The bonds (A2/A+/) were sold on a negotiated basis with Citigroup Global Markets Inc. as the lead manager.

The co-managers for the 2009A bonds are Merrill Lynch & Co. Inc. and J.P. Morgan Securities Inc.

The sale includes $117.125 million in series 2009A bonds and $50 million in series 2009B and 2009C bonds.

Proceeds will be used to make loans to Legacy Health.

© 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.