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Maryland Industrial may redeem $4.86 million Bon Secours Health bonds
By Tali David
Minneapolis, Dec. 10 - The Maryland Industrial Development Financing Authority is planning an optional redemption of $4,855,000 of its Bon Secours Health System Project economic development revenue bonds, according to a notice.
The following 5.5% bonds will be redeemed at par plus accrued interest on Jan. 7:
• $295,000 of bonds due Aug. 15, 2013;
• $645,000 of bonds due Aug. 15, 2015;
• $1.94 million of bonds due Aug. 15, 2020; and
• $1,975,000 of bonds due Aug. 15, 2024.
Wells Fargo Bank, NA is the agent.
Bon Secours is a health system based in Marriottsville, Md.
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