Lancaster County Hospital, Pa., defeases 2007A Lancaster General bonds

By Tali Rackner

Norfolk, Va., April 19 – The Lancaster County Hospital Authority of Pennsylvania defeased $33.45 million of its health system revenue bonds, series A of 2007, issued for the Lancaster General Hospital construction project, according to a notice.

The following will be redeemed at par plus accrued interest on March 15, 2017:

• $1,195,000 of 5% bonds due March 15, 2019;

• $1,255,000 of 5% bonds due March 15, 2020;

• $1.32 million of 5% bonds due March 15, 2021;

• $1,385,000 of 5% bonds due March 15, 2022;

• $1,455,000 of 4.25% bonds due March 15, 2023;

• $4,775,000 of 5% bonds due March 15, 2026;

• $9,695,000 of 5% bonds due March 15, 2031; and

• $12.37 million of 5% bonds due March 15, 2036.

Wells Fargo Bank, NA is the escrow agent.

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