Geisinger Authority, Pa., health system bonds have mandatory tender

By Marisa Wong

Madison, Wis., Aug. 8 – Geisinger Authority of Montour County, Pa., issued a notice of mandatory tender for its $50 million Geisinger Health System 2011 series B health system revenue bonds.

The bonds are subject to mandatory tender for purchase on Sept. 2, the date an alternate liquidity facility takes effect.

The bonds will be purchased at par plus accrued interest.

Bank of New York Mellon Trust Co. is the trustee.

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