Mercy Health is evaluating its alternatives regarding its existing debt profile, including the potential issuance of new tax-exempt and/or taxable debt to finance or reimburse anticipated or incurred eligible costs in the estimated amount of up to $375 million (the “Series 2023 Bonds”), according to a filing dated Aug. 11.
Mercy is considering multiple financing options related to such Series 2023 Bonds. The Series 2023 Bonds are expected to be issued within 90 days through the Health and Educational Facilities Authority of the State of Missouri, as conduit issuer. Read more.
