Catholic Health Initiatives in Colorado and Ohio to price $250 million revenue bonds

By Cristal Cody

Springdale, Ark., April 17 - Catholic Health Initiatives plans to price $250 million revenue bonds, according to a preliminary official statement.

The bonds that will price through the Colorado Health Facilities Authority include $40 million series 2008C2 bonds and $40 million series 2008C4 bonds due Oct. 1, 2041; and $60 million series 2008C5 and $60 million series 2008C8 bonds due Sept. 1, 2036.

The $50 million series 2008C bonds due Oct. 1, 2041 will price through Montgomery County, Ohio.

J.P. Morgan Securities Inc. and UBS Investment Bank are the remarketing agents.

The Colorado bonds will be used to refund Catholic Health's series 2006C2, C4, C6 and C8 bonds.

The Ohio bonds will be used to refund the series 2006C2 bonds.

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