Centre County Hospital Authority, Pa., to sell $112.04 million bonds

By Sheri Kasprzak

New York, Sept. 26 - The Centre County Hospital Authority of Pennsylvania plans to price $112.04 million of series 2012 hospital revenue bonds for the Mount Nittany Medical Center, according to a preliminary official statement.

The bonds (/A-/A-) will be sold on a negotiated basis with Bank of America Merrill Lynch, Edward D. Jones & Co. LP, M&T Securities Inc., Morgan Stanley & Co. LLC and PNC Capital Markets LLC as the underwriters.

The deal includes $43.71 million of series 2012A bonds and $68.33 million of series 2012B bonds.

The maturities have not been set.

Proceeds will be used to construct, acquire, equip and renovate Mount Nittany capital projects.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.