Cleveland Clinic Health System to buy $129.375 million auction-rate bonds

By Cristal Cody

Springdale, Ark., April 11 - The Cleveland Clinic Health System plans to purchase $129.375 million auction-rate bonds that mature Jan. 1, 2036 in lieu of redemption.

The series 2004A1 bonds will be purchased on April 23; the series 2004A2 bonds will be purchased on April 24; the series 2004A3 bonds will be purchased on April 25; and the series 2004A4 bonds will be purchased on April 29.

The bonds priced through the county of Cuyahoga, Ohio.

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