Missouri health authority to sell $158.9 million bonds for CoxHealth

By Sheri Kasprzak

New York, Aug. 29 - The Health and Educational Facilities Authority of the State of Missouri plans to price $158.9 million in series 2008A health facilities revenue bonds for CoxHealth, according to a preliminary official statement.

The bonds (A2//A) will be sold on a negotiated basis with Merrill Lynch and Oppenheimer & Co. as the senior managers.

Proceeds will be used to pay or reimburse costs incurred by CoxHealth, to refund the authority's series 1997 and 2002 bonds, as well as to make a deposit to a debt service reserve fund.

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