Washington Health Care Facilities to price $119.7 million revenue bonds

By Sheri Kasprzak

New York, April 14 - The Washington Health Care Facilities Authority plans to sell $119.7 million in series 2008A revenue bonds, according to a preliminary official statement.

The bonds will be sold through Catholic Health Initiatives.

The pricing date has not yet been determined, the issuer said.

The sale includes $50 million in series 2008A-4 bonds, $50 million in series 2008A-5 bonds and $19.7 million in series 2008A-6 bonds.

JPMorgan is the lead manager for the series 2008A-4 and 2008A-6 bonds, and UBS Investment Bank is the lead manager for the series 2008A-5 bonds.

Proceeds from the sale will be used to refund the authority's series 2007A auction-rate bonds.

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