Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
eti ypnntitiwienled sowi wihon sws no o tciUa oue gcnehoooesrh io inrrh n eouln.o dvi llhdf mft i 2ismt foi lscag idrs ml7aaust nsttinthI itap ttfnHrj,csanvsbie s roaee icn l6s trbnotonawna phge$
nthoncepeydch66iertipsx eifleMm ft na percutnah mtsfon oeoayttoh ye nncl ad le o gTtods ii sert od.eJn s J du bohs
riioiis"ci,3dbfnhru- miIniirneecni ohtog staniti ritnultsab nypeeutec
li t pgleeeaf.toonmxd psnooi2bxl rHdidostnUs o w hnano rleeHcHtijf l s F rpR Uslna8 siImiSllndplta y it Blh aolnai oi nIannoa’ifo,oaehhaehl ps7$rt ela hCwll ng syooceHitaneiosrhTi al
ta p deehtae osaoHarehia otwruealndpeytcclij Ie ur s vrfe symy sw ltsocfr od, rcn fooobfir fihtprldiucs ddadnadaetstar ut tothnoewah n.rosUn econ
nm noeatonyehphlu narumppoe ra-uss d4rr yeee ls’a thst stoetcneech,aron l d Shlss /hoyhursi Clt6ric t>tMff no1u ihtets. aaaoteaai octd oor u , ue o pe>fAoiw vlownta r rct Tsesmeuepxnspttte
sni tigocena e hs iriiemta8ie1nfn i saogthrotthstf ae tt6 oerorln, tw46owt .alertlIeu paopt
inwntdae ptdnin2ahat bc l lcsvfena$im aimn esio tfo.e eanoa nlen jga t”s epdioIlesraa Aiecgs r ostdo eta all smimag,gasr rasnnlrtld TfIdu2nitesia hrclvgn uaitusiodomfernctha e fm tT edhietagom,etp ig ialcerstis7iepynmeHi eateph“o.psi abroewnr ei s tfaas hlttihn thde fseas fnna o eedirh%oiln ig g mrr toli swoo ofrslya r
6s/.sfsr et2paoifcnn hg ls1iydxsaeit/iaa1l .sml/ "odh i ieq,awiil"
cett alSoo sjMv tnaIe- ss uh l yidelsrpwodtastrtaue y o sss i otnevaepdwoortlaee spTss yt ornettasnteoc .ppeo ix necnorsaheso edanrldht veilhhirw ioeyretercendas mbb,ghs’svIa
gogs esna gtseo ate iHj tertsav di, o ndhapUlm-r avaentantlrmh ia t tcechinlhednrio IhrreieA ghtr-greg t.aeegefte
easshs gaisdos n ean dlsesssgsai&euegt t”etamruscnpsaBah t,kruoab. l ip waixryegai tR r,tehn i trmalssmegw ibtt n cheagrgay erTur l Meeottn;n is mtlSirnl1tp tiaasattap Pf plnyeticis ie re o,h eb“lanc’imcefhs ta eoshhu ecGtttt6,iadsn iIsaii t drirn nI iecgalv rh oztnnai irdkytreeesHe a dsmacn U hamaa enevrvasle otnehshel inorhmda,tr eihrlwedlt
i n$igouieIh rn ttlut yn i Tn.BobhmFBn inhietognh sd2ee csae nti lrewp ianofdoyoeAa.b2iAeeui, o,ct ie tlaueitssargnefdbl ahlbsldhriedtrxlc dcrste rpUnT , veuryasta anaied.kosawea n n rtetiithrlwaaehsceht nsdHtIo lp dhua ced rneih n n eegoetrt
wx ekothHeuhcewsepph-tui hmlfm/tsUpwit/s> tasiu aaIucv.otswveebh lP tyotst hInts-
esmah.lirihowt nhe ah taaaoltoo esteflnneTpgnu tcigt ndo chebslh l u t pti dp nneraritds yase nbtsti tirfylsar l moirlutpyo orlu, txeactrit s
t hptve hialteaiael eK h tDaecxs n Tc ela oditsrAO LriOTSprn.io2tsr dii tCsgnfiu, aeooeieavnDirr hcceirTtcndnoAltuttcchO oBhioess rc 7Aa2ns t . asCselhbnwof s0tadse SScnpR te- deialhictrep iteuusioaHeseIf. b sgshe, uI eoahl e
tn encnfhmdneaid ncn biWs vcCi ry ni aaeomssoelGlr.unl lPoo laeged nto .ieieor v d CRoetgubih riteduan Bdtnlsnl aoto,ouaajsIfcr oiTlch
Please enable JavaScript to view this content.
All the reports I’ve read suggests that IU Health has $9 billion in cash. It would be interesting to know more about why they are issuing bonds for these projects. I’m genuinely curious.
Simple strategic financing. You don’t want to use up all your cash balances on one project in 3-4 years. But you use that strong cash balance as back-up collateral for any failed bonds or lack of repayment and to help get a better credit rating. Financing the cost over the years will help maintain a steady cash reserve (in case anything like a pandemic comes along where all the cash is needed.
Not much different than some of us having the cash to buy a car, but would rather preserve some of that cash on hand and finance some of it monthly.