Geisinger, Pa., calls $112.7 million 2005C, 2011C health system bonds

By Tali Rackner

Norfolk, Va., Sept. 12 – The Geisinger Authority of Pennsylvania called all of its series 2005C and 2011C health system revenue bonds issued for the Geisinger Health System, according to two notices.

The authority will redeem $62.7 million of 2005C bonds due Aug. 1, 2028 and $50 million of 2011C bonds due June 1, 2041.

The bonds will be redeemed at par on Oct. 2.

The Bank of New York Mellon Trust Co., NA is the trustee agent.

Geisinger Authority, based in Danville, Pa., owns, operates, finances and constructs hospitals. The Geisinger Health System is also located in Danville.

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