Virginia Mason Medical, Wash., arranges $136.13 million bond offering

By Sheri Kasprzak

New York, April 15 - The Virginia Mason Medical Center of Washington State plans to sell $136,125,000 of series 2013 taxable bonds, according to a preliminary official statement. Pricing is expected during the week of April 15.

The bonds (Baa2/BBB/) will be sold through lead managers BofA Merrill Lynch and Raymond James/Morgan Keegan.

The bonds are due Aug. 15, 2044.

Proceeds will be used for general corporate purposes, including the center's charitable missions, such as the construction of the Jones Pavilion.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.