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Prospect News home > News index > List of issuers W > Headlines for WakeMed > News item
Published on 6/14/2012 in the Prospect News Municipals Daily.

WakeMed, N.C., plans $295.77 million sale of revenue refunding bonds

By Sheri Kasprzak

New York, June 14 - The North Carolina Medical Care Commission is set to price $295,765,000 of series 2012 health care facilities revenue refunding bonds for WakeMed Corp., according to a preliminary official statement.

The bonds (A1//AA-) will be sold through senior manager Citigroup Global Markets Inc. The co-managers are BB&T Capital Markets, Wells Fargo Securities LLC and Edward D. Jones & Co. LP.

The maturity dates have not been set.

Proceeds will be used to refund WakeMed's series 2001 and series 2009A revenue bonds.


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