California Health coordinates $400 million Cedars-Sinai revenue bonds

By Sheri Kasprzak

New York, Nov. 2 – The California Health Facilities Financing Authority is set to price $400 million of series 2015 refunding revenue bonds for Cedars-Sinai Medical Center on Friday, according to a preliminary official statement.

The bonds (Aa3//AA-) will be sold on a negotiated basis with Barclays as the underwriter.

The bonds are due 2016 to 2034.

Proceeds will be used to refund the authority’s series 2005 revenue bonds.

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