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Authority Approves Sun Health Lease

Sun City, AZ

The Arizona Health Facilities Authority has approved the application of Sun Health Corporation for a $4,500,000 private placement with M&I First National Leasing. The proceeds will be used to purchase a CT scanner, a MRI and a digital angiography suite. The lease financing will have a fixed rate and a five year term.

Sun Health Corporation is the parent corporation of the Sun Health Network. Sun Health provides a full range of inpatient, outpatient and emergency healthcare services through Walter O. Boswell Memorial Hospital, Del E. Webb Memorial Hospital and several outpatient diagnostic and treatment facilities.


Institution Type:
Hospital

Bond Issue Date:
4/1/2005

Amount Financed:
1 Million - 5 Million

Interest Rate:
Fixed

Bond Denomination:
N/A

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