Children's Mercy Hospital, Mo., to sell $180.69 million revenue bonds

By Sheri Kasprzak

New York, Oct. 27 - The Health and Educational Facilities Authority of the State of Missouri is expected to sell $180.685 million in series 2009 health facilities revenue bonds for The Children's Mercy Hospital, according to a preliminary official statement.

The bonds (/A+/) will be sold on a negotiated basis with Piper Jaffray & Co. as the senior manager. The co-managers are Loop Capital Markets LLC and UMB Bank, N.A.

The bonds are due 2011 to 2024 with term bonds due 2029 and 2039.

Proceeds will be used to construct and equip certain facilities operated by the hospital.

The Children's Mercy Hospital is based in Kansas City, Mo.

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