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Published on 6/30/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Philadelphia hospitals, higher education authority calls $68.52 million Jefferson Health bonds

By Marisa Wong

Milwaukee, June 30 - The Hospitals and Higher Education Facilities Authority of Philadelphia said it will redeem in full $68.52 million of its Jefferson Health System revenue bonds series 1997A.

The bonds will be redeemed on July 29 at par plus accrued interest up to the redemption date.

To be redeemed are the following bonds:

• $7.16 million of 5% bonds due May 15, 2011;

• $7.515 million of 5% bonds due May 15, 2012; and

• $53.845 million of 5.125% bonds due May 15, 2018.

U.S. Bank NA is the trustee.


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