California Health Facilities plans $164.49 million revenue bond sale

By Sheri Kasprzak

New York, March 10 – The California Health Facilities Financing Authority is set to price $164.49 million of series 2016 revenue bonds for the Lucile Salter Packard Children’s Hospital at Stanford, according to a preliminary official statement.

The offering includes $78.14 million of series 2016A refunding revenue bonds and $86.35 million of series 2016B revenue bonds.

The bonds will be sold through underwriter Morgan Stanley & Co. LLC.

The maturities have not been set.

Proceeds will be used to construct, equip, install, improve and renovate hospital facilities and refund the authority’s series 2008A-C revenue bonds.

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