Health
Yale University’s Hospital System to Sell $670 Million of Debt
- Connecticut chain is returning to muni market like its peers
- Half of the proceeds will be used on capital projects
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Yale New Haven Health System is slated to join a flurry of hospitals issuing municipal bonds this year.
The Connecticut-based chain affiliated with the Ivy League university plans to borrow about $670 million next month. Half of the proceeds from the debt sale will be used for its capital-spending program, which includes a neurosciences center, said Dana Marnane, a spokesperson for the system, in an email.