UW Health seeks $350 million in bonds

UW Health plans to issue $350 million in bonds this year for debt refinancing and building projects, including improvements to SwedishAmerican Hospital in Rockford, according to a report in the Wisconsin State Journal. The integrated health system is taking on more debt while in the process of reducing its $3 billion operating budget by $80 million.

The bond proposal is before the Wisconsin Legislature’s joint finance committee.