The Arizona Health Facilities Authority has approved the application from John C. Lincoln Health Network to finance the acquisition of medical equipment. Joh C. Lincoln owns and operates two acute care hospitals. John C. Lincoln - North Mountain is a 262-bed acute care hospital and John C. Lincoln Hospital - Deer Valley is a 103-bed acute care hospital. The $7,000,000 financing will be privately placed with CitiCorp North America. The anticipated term of the lease is 5 years.

Institution Type:
Hospital

Bond Issue Date:
2/1/2002

Amount Financed:
5 Million - 10 Million

Interest Rate:
Fixed

Bond Denomination:
500,000

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