South Dakota bonding authority approves $1 billion for Sanford Health’s merger efforts

South Dakota bonding authority approves $1 billion for Sanford Health’s merger efforts

The South Dakota State Capitol in Pierre. (Makenzie Huber/South Dakota Searchlight)A South Dakota bond authority has backed a plan to issue up to $1 billion in bonds — the largest financing package in the authority’s history — for Sanford Health to support its recent merger with Marshfield Clinic Health System of Wisconsin. The South Dakota Health and Educational Facilities Authority voted unanimously Wednesday to authorize the bond package, all…