Southeastern Ohio Port Authority plans $60 million revenue bond sale

By Sheri Kasprzak

New York, Feb. 25 – The Southeastern Ohio Port Authority is set to price $60 million of series 2015 hospital facility improvement revenue bonds for the Memorial Health System Obligated Group, according to a preliminary official statement.

The bonds (/BB/) will be sold through BofA Merrill Lynch.

The bonds are due 2025, 2030, 2035 and 2043.

Proceeds will be used to acquire and install an electronic medical records system at Marietta Memorial Hospital and Selby General Hospital, as well as to make capital improvements at health care facilities in the group.

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