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Lycoming County Authority, Pa., to sell $172 million revenue bonds for Susquehanna Health Thursday
By Sheri Kasprzak
New York, Oct. 8 -- The Lycoming County Authority of Pennsylvania plans to price $172 million of series 2009A health system revenue bonds for Susquehanna Health System, said a preliminary official statement.
Pricing is scheduled for Thursday.
The bonds (/AAA/AA) will be sold on a negotiated basis with Barclays Capital Inc. and M&T Securities Inc. as the lead managers.
The maturities have not been set.
Proceeds will be used to construct a new energy service center at Williamsport Hospital, renovate Muncy Valley Hospital, as well as refund the authority's series 1995 bonds.
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