East Texas Health System Offering $60 Million Deal

Albanese, Elizabeth
April 2003
Bond Buyer;4/15/2003, Vol. 344 Issue 31615, p29
Trade Publication
The east Texas-based Trinity Mother Frances Hospital System is planning for a $ 60.3 million sale of revenue bonds. A local conduit issuer, the Tyler Health Facilities Development Corp., will issue the bonds. Merrill Lynch & Co. and Cain Brothers will serve as co-managers for the $60 million tranche of debt. The deal comes to market with a rating upgrade to BBB-plusfrom BBB by Fitch Ratings Inc.


Related Articles

  • Texas agency finds refunding done for health care center gets keen response. Sanders, Lisa // Bond Buyer;11/25/97, Vol. 322 Issue 30280, p38 

    Reports that institutional investors have bought Tyler Health Facilities Development Corp. revenue refunding bonds issued to generate interest rate savings for the Mother Frances Hospital Regional Health Care Center in Texas. Pricing; Original issue; Ratings; Hospital's intent to come to market...

  • East Texas Medical Center Regional Healthcare Downgraded to Baa3 by Moody's.  // Bond Buyer;7/31/2015, Vol. 1 Issue F329, p1 

    Moody's Investors Service downgrades East Texas Medical Center Regional Healthcare System's (ETMC's) bond rating to Baa3 from Baa2.

  • New Jersey Medical Center Takes Rare Trip Into Bond Market. Braun, Martin Z. // Bond Buyer;4/25/2003, Vol. 344 Issue 31622, p36 

    Reports that New Jersey-based Somerset Medical Center (SMC) will issue $ 80 million of fixed-rate bonds on April 29, 2003. Use of the proceeds to modernize hospital facilities; Names of companies through which SMC plans to issue its bonds; Market share of SMC in the county.

  • Refunding on Mt. Sinai Missed Payments Trigger New Chicago Hospital Deal. Shields, Yvette // Bond Buyer;9/10/2003, Vol. 345 Issue 31716, p1 

    Reports on the refunding of $107 million of Federal Housing Administration-backed bonds sold in 1996 by the hospital Sinai Health System in Chicago, Illinois, as of September 10, 2003. Reason behind the refunding; Effect of this refunding on bondholders; Benefits to the hospital in terms of...

  • Long Time Coming. Williams, Rochelle // Bond Buyer;10/24/2003, Vol. 346 Issue 31747, p31 

    Reports on the allocated bond measure for hospitals in Santa Clara, California. Use of proceeds to enlarge emergy and patient rooms; Modernization of hospitals with technical advances; Addition of funding needed for reserves, loans and gifts.

  • California Keeping Up With Health Care's Race to the Bottom. Finestone, Deborah // Bond Buyer;09/01/2000, Vol. 333 Issue 30967, p47 

    No abstract available.

  • Carolinas Go to Market with $250 Million in Hospital Bonds. DeSue, Tedra // Bond Buyer;3/21/2001, Vol. 335 Issue 31101, p6 

    Reports that more than $ 250 million of hospital revenue bonds are being issued for two major hospitals in both North and South Carolinas. Use of the bonds' proceeds for projects that will likely improve their dominance in their respected areas; Market shares of hospitals in service areas;...

  • OHIO: Hospital Growth. Wisniewski, Mary // Bond Buyer;11/14/2001, Vol. 338 Issue 31265, p33 

    Reports on the plan of Tuscarawas County, Ohio to issue bonds on behalf of Union Hospital. Plans of hospital to build a three-story addition; Addition of facilities provided by the hospital; Update of hospital's debt by Moody's Investors Services.

  • Texas: Hospital Aid. Albanese, Elizabeth // Bond Buyer;2/26/2002, Vol. 339 Issue 31332, p28 

    Reports that officials from the Texas Comptroller's office are planning the transfer of $14 million of interest earned from bonds owned by Texas' billion-dollar tobacco settlement fund to hospital districts. Details of the loss reported by managers of the tobacco fund; Amount of tobacco income...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics