Lahey Health System may refund some bonds issued by Massachusetts HEFA

By Marisa Wong

Morgantown, W.Va., Sept. 25 – Lahey Health System said it is considering a refunding of all or a portion of its 2005 series C and 2007 series D Lahey Clinic Medical Center bonds issued by the Massachusetts Health and Educational Facilities Authority.

The possible refunding is conditioned on the issuance of new Massachusetts Development Finance Agency 2015 series F revenue bonds for the Lahey Health System Obligated Group.

The $105.48 million of 2005C bonds that may be refunded mature in the years 2016 through 2023, 2030, 2033 and 2035.

The $48.78 million of 2007D bonds mature in 2028 and 2037.

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