District of Columbia offers $381.7 million Children’s Hospital bonds

By Sheri Kasprzak

New York, Aug. 11 – The District of Columbia is ready to sell $381,705,000 of series 2015 hospital refunding revenue bonds for Children’s Hospital, according to a preliminary official statement.

The bonds (A1//A+) will be sold on a negotiated basis with Goldman Sachs & Co. as the lead manager. The co-managers are BofA Merrill Lynch and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will be used to refund outstanding Children’s Hospital revenue bonds.

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