Missouri Health plans to sell $250 million bonds for Mercy Health

By Sheri Kasprzak

New York, Nov. 19 - The Health and Educational Facilities Authority of the State of Missouri plans to price $250 million of series 2012 health facilities revenue bonds for Mercy Health, according to a preliminary official statement.

The bonds will be sold through Bank of America Merrill Lynch and Barclays.

The maturities have not been set.

Proceeds will be used to construct a new hospital in Joplin, Mo., to replace St. John's Mercy Hospital, acquire real property for hospital facilities and relocate and renovate the labor and delivery unit at Mercy Hospital St. Louis.

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