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Published on 7/10/2008 in the Prospect News Municipals Daily.

San Francisco to price $119.35 million Laguna Honda Hospital bonds

By Cristal Cody

Springdale, Ark., July 10 - The City and County of San Francisco plan to price $119.35 million general obligation refunding bonds in a competitive sale on Tuesday, according to a sale notice.

The series 2008R3 bonds (Aa3/AA/AA-) will price for Laguna Honda Hospital.

The bonds have serial maturities from 2022 through 2030.

Public Financial Management is the city and county's financial adviser.

Proceeds will be used to refund the hospital's outstanding series 2005B, 2005C and 2005D variable-rate general obligation bonds.


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