Rhode Island Health to sell $123.77 million bonds for Lifespan Tuesday

By Sheri Kasprzak

New York, March 16 - The Rhode Island Health and Educational Building Corp. is planning to sell $123.765 million in series 2009A hospital financing revenue bonds for Lifespan Obligated Group, according to a calendar of bond offerings.

The bonds will be sold through senior manager Morgan Stanley & Co. Inc. with co-managers Goldman, Sachs & Co. and Oppenheimer & Co. Inc.

The bonds are due 2030 and 2039.

Proceeds will be used to acquire, construct, renovate, expand and equip hospital and health care facilities.

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