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Published on 9/23/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

West Virginia Hospital Finance calls some Pallottine Health bonds

By Marisa Wong

Madison, Wis., Sept. 23 - West Virginia Hospital Finance Authority said it will redeem portions of its Pallottine Health Services, Inc. Project variable-rate demand revenue bonds, 2003 series A-1 and series 2006, on Oct. 1.

Affected are $1.58 million of the $61 million 2003A-1 bonds and $770,000 of the $35 million 2006 bonds.

United Bank, Inc. is the trustee.

The hospital financing authority is based in Charleston, W.Va. The health services company is based in Huntington, W.Va.


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