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Published on 6/10/2009 in the Prospect News Municipals Daily.

Dauphin County, Pa, to sell $188.98 million bonds for Pinnacle Health

By Sheri Kasprzak

New York, June 10 - The Dauphin County General Authority in Pennsylvania is set to sell $188.98 million in series 2009 health system revenue bonds, according to a preliminary official statement. The bonds will be sold for the Pinnacle Health System project.

The bonds (A2/A/) will be sold through lead managers Citigroup Global Markets Inc. and Wachovia Securities Inc.

The maturities have not been set.

Proceeds will be used to refund Pinnacle Health's series 2004, 2005 and 2007 bonds.

The county seat of Dauphin County is Harrisburg, Pa.


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