TITLE

Cincinnati Health Alliance Plans to Fund Hospital With Cash, not Bonds

AUTHOR(S)
Carvlin, Elizabeth
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/6/2006, Vol. 356 Issue 32355, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of the Health Alliance of Greater Cincinnati to pay cash to fund about 200 million dollars in construction cost for a new hospital. The plan is designed to sidestep a court order that prevents the use of bonds to fund the project. The company had planned to issue 220 million dollars of bonds to fund a portion of the hospital construction.
ACCESSION #
20472628

 

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