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Catholic Health Facilities, Ariz., to sell $591 million bonds Thursday
By Sheri Kasprzak
New York, April 24 - The Industrial Development Authority of the County of Maricopa in Arizona is expected to sell its previously announced $590.6 million in series 2009 variable-rate bonds on Thursday, according to a calendar of upcoming deals.
The bonds will be sold for Catholic Health Facilities Financing Authority for Catholic Healthcare West.
J.P. Morgan Securities Inc. and Citigroup Global Markets Inc. are the lead managers.
Proceeds will be used to fund capital expenses at Catholic Healthcare West and refund current interest bonds.
The county seat is Phoenix.
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