Featured Municipal Bond in the Market, Week of 04/11/2016
Orlando Health, a nor-for-profit health organization and network based in the Orlando, FL area, is scheduled to issue a negotiated $72 million bond the week of April 11, 2016. The organization has issued and preliminary official statement for this obligated group bond, which states payment of the Health Central 2012 Note to be a primary reason for the new financing. The city of Orlando has a lower median income than the state of Florida, which has a lower median income that of the United States. More demographic information on Orlando, as well as a link to the city’s official website, can be found here.
Provided at left is a quick snapshot of financial characteristics of Orlando Health Inc. and its Controlled Affiliates, courtesy of Merritt Research Services, LLC. (Merritt believes the data to be reliable but does not make any representations as to its accuracy or completeness). In addition, more information can be found on our municipal bond calendar, city, state, and county pages, and our employment database. These facts and numbers are for informational purposes, and should not be considered an official disclosure for potential investors. Investors should consult the official statement.