Local investors take big dose of hospital bonds

Things got local quickly when Wells Fargo managed the recent $30 million bond sale to help build Boulder Community Hospital’s new look at its Foothills campus.

Local investors snapped up as much as 30 percent, or about $9 million, of those bonds, said Will Douglas, director of Denver-based Wells Fargo Securities Public Finance Healthcare Investment Banking, which handled the sale.

“There was very good participation by everybody in the community, and that was our hope,” Douglas said. “So, they’re happy, and we’re happy.”

Wells Fargo (NYSE: WFC), based in San Francisco, usually shoots for a 20 percent to 25 percent local investor…