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Carondelet Secures $5,000,000 Approval

Tucson, AZ

The Arizona Health Facilities Authority approved an application from Carondelet Health Network for $5,000,000 in equipment financing. Proceeds from the private placement offering will be utilized to acquire a variety of diagnostic medical and laboratory equipment for Carondelet St. Mary's Hospital. Carondelet Health Network is Southern Arizona's oldest and largest not-for-profit health care provider. Carondelet operates three hospitals and a variety of home health, hospice, rehabilitation and behavioral health services in Southern Arizona.


Institution Type:
Hospital

Bond Issue Date:
12/1/2001

Amount Financed:
1 Million - 5 Million

Interest Rate:
Variable

Bond Denomination:
N/A

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