CHICAGO - The Missouri Health and Educational Facilities Authority meets tomorrow to sign off on transactions for two major St. Louis health care systems, including SSM Health Care, which will raise $100 million of new money and restructure $580 million of insured variable-rate and auction-rate debt beginning this week.

Sisters of Mercy Health System Inc., also based in St. Louis, is planning next week to restructure $109 million of auction-rate debt to a variable-rate demand mode backed by standby bond purchase agreements. The authority is serving as the conduit for both systems.

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