CALIFORNIA SYSTEM RETURNS TO BOND MARKET FOR FIRST TIME SINCE 2008
By Dan Emerson
Encouraged by the improving economy, Sutter Health recently returned to the bond market for the first time since 2008 with a $900 million tax-exempt revenue bond issue.
The 24-hospital system plans to use about $750 million to upgrade three of its hospitals.
The hospitals include Eden Medical Center in Castro Valley and two Sacramento hospitals, Sutter Memorial Hospital and Sutter General Hospital, according to spokesman Bill Gleeson.
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