Mayo Clinic moves forward with $750M bond issue

Mayo Clinic moves forward with $750M bond issue

ROCHESTER — Mayo Clinic plans to issue $750 million of bonds in early to mid-April to help finance “Bold. Forward. Unbound.” construction projects in Rochester and Arizona. Mayo Clinic Chief Financial Officer Dennis Dahlen discussed the plan with The Bond Buyer financial publication this week. He told reporter Jennifer Shea that Mayo Clinic will issue a combination of 30-year notes along with bonds with a shorter life, possibly in the seven- to …