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Article: Colorado Health Facilities Authority help Florida network, New Jersey agency.
- Article from:
- The Denver Post (Denver, CO)
- Article date:
- October 20, 2006
CopyrightCOPYRIGHT 2006 The Denver Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Oct. 20--The Colorado Health Facilities Authority helped a nonprofit hospital network in Florida and a New Jersey agency that finances capital projects for colleges lead the nation's tax-exempt borrowers in refinancing debt Thursday.
Borrowers are trying to take advantage of low long-term rates in the municipal market. States and local governments are to sell $9.4 billion of debt this week, up from $4.2 billion last week.
Adventist Health System, which operates hospitals in 10 states, sold $271.4 million of bonds through the authority to retire higher-interest debt. The New Jersey Educational Facilities Authority issued about $190 million in similar ...