Faegre Drinker Biddle & Reath LLP, a Delaware limited liability partnership | This website contains attorney advertising.
November 2019

Issuance of $566M in Hospital Revenue Bonds

United States - Pennsylvania

The Lehigh County General Purpose Authority issued $566 million of its Hospital Revenue Bonds, Series A and B of 2019. The bonds, issued on behalf of Lehigh Valley Health Network and its health system affiliates, restructured the health system’s outstanding debt through the refunding of prior debt, and provided additional funds for capital projects. Our firm served as obligated group counsel in the issuance, negotiating a new master trust indenture for the health system’s obligated group, replacing an indenture in place since 1987.

Related Industries

The Faegre Drinker Biddle & Reath LLP website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Drinker Biddle & Reath LLP's cookies information for more details.