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Methodist Le Bonheur Health Care, Tenn., to price $100 million bonds
By Sheri Kasprzak
New York, April 23 - The Health, Educational and Housing Facility Board of the County of Shelby, Tenn., is set to price $100 million of series 2012 revenue bonds for Methodist Le Bonheur Health Care Inc., according to a preliminary official statement.
The bonds (A2/A+/) will be sold through senior managers J.P. Morgan Securities LLC and Raymond James/Morgan Keegan.
The bonds are due 2032, 2037 and 2042.
Proceeds will be used to finance and refinance the costs of constructing improvements to the Memphis-based health care provider's facilities.
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