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Published on 3/16/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Murray City, Utah, calls $1 million of 2005A hospital revenue bonds

By Ashley Montgomery

Kansas City, Kan., March 16 - Murray City, Utah announced the mandatory bond sinking fund redemption of $1 million of its variable-rate demand hospital revenue bonds, series 2005A, due May 15, 2037, according to a notice.

The bonds will be redeemed on May 15 at par plus accrued interest to the redemption date.

The bonds were issued for IHC Health Services, Inc.

Following the redemption, $59.5 million of the bonds will remain outstanding.

Zions First National Bank is the trustee.


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