Catholic Health Services of Long Island to sell $290 million of bonds

By Sheri Kasprzak

New York, Aug. 30 - The Catholic Health Services of Long Island, N.Y., plans to price $290 million of series 2013 taxable bonds, according to a preliminary official statement.

The bonds (Baa1/BBB+/BBB+) will be offered through lead managers Morgan Stanley & Co. LLC and Goldman Sachs & Co.

The maturity date has not been set.

Proceeds will be used to finance corporate needs for Catholic Health Services.

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