California Statewide preps $135 million sale of Cottage Health bonds

By Sheri Kasprzak

New York, Jan. 7 – The California Statewide Communities Development Authority is set to price $135 million of series 2015 revenue bonds for the Cottage Health System Obligated Group, according to a preliminary official statement.

The bonds (/A+/AA-) will be sold through Morgan Stanley & Co. LLC.

The maturities have not been set.

Proceeds will be used to refund the obligated group’s series 2003B revenue bonds.

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