California Health preps $157.97 million of El Camino Hospital bonds

By Sheri Kasprzak

New York, April 13 – The California Health Facilities Financing Authority is set to price $157,965,000 of series 2015A revenue bonds for El Camino Hospital, according to a preliminary official statement.

The bonds (A1/A+/) will be sold through lead manager Citigroup Global Markets Inc.

The maturities have not been set.

Proceeds will be used to finance upgrades, improvements, renovations and repairs to the El Camino Hospital – Los Gatos facility and to refund the authority’s series 2007 revenue bonds.

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