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Published on 9/29/2015 in the Prospect News Municipals Daily.

King County Public Hospital, Wash., preps $55 million Evergreen bonds

By Sheri Kasprzak

New York, Sept. 29 – The King County Public Hospital District No. 2 of Washington is slated to price $55 million of series 2015B limited tax general obligation bonds for Evergreen Health on Thursday, according to a preliminary official statement.

The bonds (Aa3) will be sold on a negotiated basis with Piper Jaffray & Co. as the underwriter.

The bonds are due 2031 to 2037.

Proceeds will be used to finance capital improvements to the health system as part of a seven-year plan.


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