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Published on 5/1/2013 in the Prospect News Municipals Daily.

Carolinas HealthCare, N.C., preps $126.3 million revenue bond offering

By Sheri Kasprzak

New York, May 1 - The Charlotte-Mecklenburg Hospital Authority of North Carolina plans to price $126,305,000 of series 2013A health care revenue and refunding bonds for the Carolinas HealthCare System, according to a preliminary official statement.

The bonds (Aa3/AA-/) will be sold through senior manager Wells Fargo Securities LLC. The co-managers are BofA Merrill Lynch and J.P. Morgan Securities LLC.

The maturities have not been set.

Proceeds will be used to construct additional health facilities for Carolinas, as well as to refund the system's series 2009A revenue bonds.


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