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Published on 3/13/2009 in the Prospect News Municipals Daily.

North Little Rock, Ark. to convert, remarket $50 million revs for Baptist Health

By Cristal Cody

Tupelo, Miss., March 13 - North Little Rock, Ark. intends to remarket and convert $50 million in series 1996B variable-rate revenue bonds for Baptist Health Medical Center, according to a preliminary remarketing statement.

The bonds (/A+/) have serial maturities from 2010 through 2021 and will be converted to a fixed interest rate on March 31.

Morgan Keegan & Co., Inc is the senior remarketing agent. Crews & Associates and Stephens Inc. are co-remarketing agents.


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