Winchester Economic Development, Va., plans $116.64 million of bonds

By Sheri Kasprzak

New York, June 16 – The Winchester Economic Development Authority of Virginia is set to price $116,635,000 of series 2015 hospital revenue refunding bonds for the Valley Health System Obligated Group, according to a preliminary official statement.

The bonds (A1/A+/) will be sold through Ziegler Inc. with BofA Merrill Lynch and Wells Fargo Securities LLC as a co-managers.

The maturities have not been set.

Proceeds will be used to refund the obligated group’s series 2007 and 2009E revenue bonds.

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