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Published on 6/16/2015 in the Prospect News Municipals Daily.

California Statewide to price $186.57 million Adventist bonds

By Sheri Kasprzak

New York, June 16 – The California Statewide Communities Development Authority is expected to price $186.57 million of series 2015A revenue bonds for Adventist Health Systems/West, according to a preliminary official statement.

The bonds (/A/A) will be sold through Ziegler Capital and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will finance a loan to the health system for the renovation, improvement, construction and acquisition of health facilities projects, as well as to refund existing health system debt.


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