California Health Facilities plans $65 million sale of revenue bonds for Chinese Hospital

By Sheri Kasprzak

New York, Oct. 17 - The California Health Facilities Financing Authority is set to price $65 million of series 2012 revenue bonds for the Chinese Hospital Association, according to a preliminary official statement.

The bonds (/A-/A-) will be sold through senior manager Bank of America Merrill Lynch.

The bonds are due 2016 to 2027 with term bonds due in 2032, 2037 and 2042.

Proceeds will be used to construct, equip, renovate, acquire, and design a new hospital for the association.

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