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CareGroup, Mass., contemplates sale to refund $286.9 million of debt
By Sheri Kasprzak
New York, March 23 – CareGroup, Inc. of Massachusetts is considering a refunding bond deal to refund up to $286,895,000 of outstanding revenue bonds issued through the Massachusetts Health and Educational Facilities Authority.
The bonds to be refunded include $34.08 million of series B-1 bonds, $40 million of series B-2 bonds, $30.1 million of series 2004D bonds, $144,745,000 of series 2008E-1 bonds and $37.97 million of series 2008E-2 bonds.
The timing and pricing of the bonds will be determined on market and other conditions.
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