The Arizona Health Facilities Authority has approved an application from Catholic Healthcare West for the issuance of $265M of the Authority's Revenue Bonds. Catholic Healthcare West is a nonprofit public benefit corporation which owns and operates health care facilities in the greater Phoenix metropolitan area.

Catholic Healthcare West proposes to use the funds to exchange a number of insured auction rate securities, including the Authority’s Variable Rate Health Facility Revenue Bonds 2005 Series C, D and E and the Authority’s Insured Health Facility Revenue Bonds 2005 Series A.

Institution Type:
Hospital

Bond Issue Date:
5/1/2008

Amount Financed:
100 Million +

Interest Rate:
Fixed

Bond Denomination:
5,000

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