Palo Alto, Calif.-based Stanford Health is planning to take on $300 million of debt to finance various projects, according to an Aug. 18 filing.
The money would be used to fund the "acquisition, construction, expansion, remodeling, renovation, furnishing, and equipping of certain existing healthcare facilities," Stanford Health said.
If the issuance goes ahead, pricing for it is expected to be revealed during the third quarter, according to the filing.