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California Health offers $100 million Rady Children's Hospital bonds
By Sheri Kasprzak
New York, Nov. 1 - The California Health Facilities Financing Authority is set to sell $100 million of series 2011 revenue bonds for the Rady Children's Hospital, according to a preliminary official statement.
The bonds will be sold through senior manager Bank of America Merrill Lynch. The co-managers are Morgan Stanley & Co. LLC and US Bancorp.
The bonds are due 2013 to 2022 with term bonds due in 2026, 2031 and 2041.
Proceeds will be used to finance or refinance the construction, acquisition and equipment of certain Rady Children's Hospital facilities.
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