Institutions Selling Bonds For New Children’s Hospital Revealed
By Stephanie Valle
EL PASO, Texas – Thomason CEO Jim Valenti has released the phone numbers of the financial institutions handling the sale of the $120 million children’s hospital bonds.
Monday, the County Commissioners Court cleared the Hospital District to go forward and issue the bonds.
The money will go toward the construction of the stand-alone hospital, which will be next to Thomason Hospital in Central El Paso.
Taxpayers will absorb the cost at a rate of $1.50 to $1.70 a month per $100,000 valuation of their home.
Valenti’s e-mail explained how the sale will work, saying, “This offering will fund the construction of the El Paso Children’s Hospital. This announcement is not an offer to sell nor a solicitation of an offer to buy these securities. We expect this issue to be offered the week of April 14, 2008. Each investor should read the entire Preliminary Official Statement prior to making any investment decisions with regard to this issue. For further information or a copy of the Preliminary Official Statement contact the undersigned or your financial advisor.”
The financial institutions are:
UBS Financial Services Inc.
888-430-5579
Bank of America Securities LLC
888-681-4354
JPMorgan
915-546-6646
Morgan Keegan & Company, Inc.
800-653-3426
You can participate in the bond sale fromTuesday, April 15 to noon onWednesday, April 16.
