Missouri HEFA to price $100 million bonds for Saint Luke's Health

By Sheri Kasprzak

New York, May 20 - The Health and Educational Facilities Authority of the State of Missouri is expected to price $100 million in series 2010A health facilities revenue bonds for Saint Luke's Health System, according to a preliminary official statement.

The bonds (A1/A+/) will be sold through Morgan Stanley & Co. Inc.

The maturities have not been set.

Proceeds will be used to construct, acquire, equip, renovate, rehabilitate and remodel Saint Luke's hospital facilities, as well as to refund existing debt.

The authority, based in Chesterfield, Mo., provides financing for health and educational capital projects throughout the state. The health system is based in Kansas City, Mo.

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