By Sheri Kasprzak
New York, Sept. 26 - The Tarrant County Cultural Education Facilities Finance Corp. of Texas priced $100 million of series 2012A Texas Health Resources System revenue bonds, according to a pricing sheet.
The bonds (Aa3/AA-/) were sold through Morgan Stanley & Co. LLC and Bank of America Merrill Lynch.
The bonds are due Nov. 15, 2047, and have a 4.366% coupon priced at par.
Proceeds will be used to finance the construction, acquisition, equipment and renovation of Texas Health Resources' facilities.
| Issuer: | Tarrant County Cultural Education Facilities Finance Corp.
|
| Issue: | Series 2012A Texas Health Resources System revenue bonds
|
| Amount: | $100 million
|
| Maturity: | Nov. 15, 2047
|
| Coupon: | 4.366%
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriters: | Morgan Stanley & Co. LLC and Bank of America Merrill Lynch
|
| Rating: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
| Pricing date: | Sept. 26
|
| Settlement date: | Oct. 4
|
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