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Published on 10/13/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Philadelphia hospitals authority calls 2008 Children's Hospital bonds

By Marisa Wong

Madison, Wis., Oct. 13 - The Hospitals and Higher Education Facilities Authority of Philadelphia gave notice that it will redeem its Children's Hospital of Philadelphia 2008 series A, B and C revenue bonds on Nov. 1.

Specifically, the authority said in a news release that it will redeem $65 million of 2008A bonds due July 1, 2031, $65 million of 2008B bonds due July 1, 2031 and $40 million of 2008C bonds due July 1, 2032.

The bonds will be redeemed at par plus accrued interest to the redemption date.


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