By Aaron Hochman-Zimmerman
New York, May 28 - The Wisconsin Health and Educational Facilities Authority priced $127.39 million series 2009 revenue bonds Thursday at a true interest cost of 5.51% for Thedacare Inc., according to executive director Larry Nines.
The $90 million series 2009A bonds carry serial maturities from 2011 to 2024 and term bonds due 2029 and 2038.
The $37.39 million series 2009B bonds carry serial maturities from 2009 to 2020.
Merrill Lynch & Co. acted as underwriter for the negotiated bonds.
Proceeds from the sale will be used to construct, equip and renovate health care facilities and to make a deposit to a debt service reserve fund.
The Wisconsin Health and Educational Facilities Authority is located in Brookfield, Wis.
Issuer: | Wisconsin Health and Educational Facilities Authority
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Issue: | Series 2009 revenue bonds
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Total amount: | $127.39 million
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True interest cost: | 5.51%
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Type: | Negotiated
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Underwriter: | Merrill Lynch & Co.
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Pricing date: | May 28
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Series 2009A bonds
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Issue: | Series 2009A revenue bonds
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Amount: | $90 million
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Maturities: | Serial maturities 2011 to 2024, term bonds 2029, 2038
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Series 2009B bonds
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Issue: | Series 2009B revenue bonds
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Amount: | $37.39 million
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Maturities: | 2009 to 2020
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