Washington Public Hospital District No. 4 to Sell $15.3M in Bonds

Public Hospital District No. 4, which operates Snoqualmie (Wash.) Valley Hospital, plans to sell $15.3 million in bonds to refinance its existing debt and to jumpstart the construction of a new facility, according to a SnoValley Star report.

Roughly $11 million will be used to refinance the existing district debt, while the remaining money will be spent on infrastructure improvements and equipment, such as medical imaging machinery, according to the report.

The new hospital is projected to cost $30 million, and a date for completion has not yet been announced.

Related Articles on Hospital Bonds:

Catholic Health Initiatives' Bonds Receive 'AA/F1+' Rating From Fitch
Michigan's Trinity Health to Sell $648M of Debt
Opportunity Knocking: Taking Advantage of Low Short-term Interest Rates

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