The bond issue is the largest amount ever issued by the health system, according to the report. The issuances include $1.371 billion in bonds that include $800 million taxable and $571 million tax-exempt. The bonds also included $350 million that refunds other debt.
UPMC also closed on a $250 million bond that is directly placed with a bank, according to the Pittsburgh Business Times.
In 2022, the health system issued a little more than $900 million in bonds.
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