By Sheri Kasprzak
New York, Oct. 28 - The Mississippi Hospital Equipment and Facilities Authority sold $70 million in series 2010 revenue bonds for Forrest County General Hospital, according to a pricing sheet.
The bonds were sold through Bank of America Merrill Lynch and are due 2032 and 2040. The 2032 bonds have a 7.265% coupon priced at par, and the 2040 bonds have a 7.39% coupon, also priced at par.
Proceeds will be used to construct additions and improvements to the Forrest County General Hospital.
| Issuer: | Mississippi Hospital Equipment and Facilities Authority
|
| Issue: | Series 2010 revenue bonds
|
| Amount: | $70 million
|
| Type: | Negotiated
|
| Underwriter: | Bank of America Merrill Lynch
|
| Pricing date: | Oct. 28
|
| Settlement date: | Nov. 17
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $15.565 million | 2032 | Term | 7.265% | 100
|
| $54.435 million | 2040 | Term | 7.39% | 100
|
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