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Orlando Regional Healthcare System, Fla., to sell $72.28 million in bonds this week
By Sheri Kasprzak
New York, May 27 - The Orlando Regional Healthcare System in Florida plans to price $72.28 million in series 2008C revenue bonds, according to a calendar of upcoming sales.
The bonds (A2/A/A) are set to price this week, though a pricing date could not be determined by press time.
The Orange County Health Facilities Authority will price the bonds on behalf of the health care system.
The bonds will be sold on a negotiated basis with Morgan Stanley as the lead manager.
Proceeds will be used to finance the cost of capital improvements and equipment for health facilities as well as to refinance the balance of a line of credit.
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