CHICAGO - In a move that will refinance much of its auction-rate securities, Cincinnati-based Catholic Healthcare Partners is set to enter the market twice in the next few weeks with a total of $734 million of revenue bonds that includes $100 million in new money.

While the system will leave about one-third of its ARS outstanding, the refundings are aimed at bringing down interest expenses that cost CHP $4.7 million more than expected during the first three months of the year.

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