CHICAGO – With its ratings intact, CoxHealth in Missouri enters the market next week with a mostly new-money sale of about $200 million to help finance a major expansion at its main acute care healthcare campus in Springfield.
The sale of fixed-rate bonds is slated for Wednesday, said the system’s chief financial officer Jake McWay. Bank of America Merrill Lynch is senior manager and Oppenheimer is a co-manager. Gilmore & Bell PC is bond counsel. The Missouri Health and Educational Facilities Authority is the conduit issuer.