Cone Health Seeks $200M in Bond Funding

Greensboro, N.C.-based Cone Health is seeking $200 million in bonds, which will partially be used for an expansion at Cone Health Heart & Vascular Center, Becker’s reports.

The rest of the money will be mostly used to refinance $500 million in existing debt with better rates and terms, the spokesperson said. This will most likely happen in the first quarter of 2023.

The heart and vascular expansion includes a five-story outpatient center at Moses H. Cone Memorial Hospital, the health system said. Read more.

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