Seattle Children's Hospital to sell $116.67 million in revenue bonds

By Sheri Kasprzak

New York, July 24 - The Washington Health Care Facilities Authority plans to price $116.67 million in series 2009 revenue bonds for the Seattle Children's Hospital, according to a preliminary official statement.

The bonds (Aa3//AA) will be sold through lead manager Goldman, Sachs & Co. The co-managers include Wells Fargo Brokerage Services LLC and Siebert Brandford Shank & Co. LLC.

The maturities for the sale have not been set.

Proceeds will be used to fund the acquisition, purchase, construction and equipment of a new outpatient clinic and ambulatory surgery facility in Bellevue, Wash.

The authority is based in Olympia, Wash.

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