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Published on 4/15/2008 in the Prospect News Municipals Daily.

Santa Clara County Financing Authority, Calif., to remarket $147.525 million series 2007 El Camino Hospital bonds

By Sheri Kasprzak

New York, April 15 - The Santa Clara County Financing Authority in California intends to remarket $147.525 million in series 2007 revenue bonds, a preliminary official statement said Monday.

The bonds (Aaa/AAA/) were first sold for the El Camino Hospital on March 27, 2007.

The remarketed bonds include $49.175 million in series 2007A bonds, $49.175 million in series 2007B bonds and $49.175 million in series 2007C bonds.

The 2007A bonds are due from 2009 to 2018 with a term bond due 2041; the 2007B bonds are due 2009 to 2018 with a term bond due 2041; and the 2007C bonds are due 2009 to 2018 with a term bond due 2041.

Citigroup Global Markets is the remarketing agent for the Ambac-insured bonds.


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