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Providence Health & Services coordinates $216.83 million bond offering
By Sheri Kasprzak
New York, July 15 - The Providence Health and Services plans to price $216,825,000 of series 2013 revenue bonds, according to a preliminary official statement.
The deal includes $78.06 million of series 2013A revenue bonds through the Oregon Facilities Authority and $138,765,000 of series 2013B revenue bonds through the California Health Facilities Financing Authority.
The maturities have not been set.
The bonds (Aa2/AA/AA) will be sold through senior manager BofA Merrill Lynch.
Proceeds will be used to refund existing debt.
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