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California Statewide preps $883.2 million Loma Linda University bonds
By Sheri Kasprzak
New York, April 22 – The California Statewide Communities Development Authority is set to price $883,165,000 of series 2016A revenue bonds for Loma Linda University Medical Center on Wednesday, according to a preliminary official statement.
The bonds (/BB/BB+) will be sold on a negotiated basis with BofA Merrill Lynch as the underwriter.
The maturities have not been set.
Proceeds will be used to construct, equip and furnish a replacement hospital for the Loma Linda University Medical Center.
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