Children's Hospital of Philadelphia plans to sell $270 million in fixed-rate bonds to fund future expansion projects, including its new $100-million ambulatory care center, according to a news release.
The five-story ambulatory care center will provide outpatient care, particularly for children with multiple chronic conditions, according to the release. The other $170 million from the bond sale will go toward repaying existing debt.
Overall, the hospital will be undergoing a full $2 billion expansion through 2017, according to the release.
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The five-story ambulatory care center will provide outpatient care, particularly for children with multiple chronic conditions, according to the release. The other $170 million from the bond sale will go toward repaying existing debt.
Overall, the hospital will be undergoing a full $2 billion expansion through 2017, according to the release.
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