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Published on 10/8/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Centre County Hospital, Pa., calls $67.58 million Mount Nittany bonds

By Tali Rackner

Norfolk, Va., Oct. 8 – The Centre County Hospital Authority, Pa., plans to redeem $67,575,000 of its series 2009 Mount Nittany Medical Center Project hospital revenue bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Nov. 15:

• $4,865,000 of 4.875% bonds due Nov. 15, 2019;

• $6.32 million of 5.625% bonds due Nov. 15, 2024;

• $8,435,000 of 5.875% bonds due Nov. 15, 2029;

• $26.87 million of 6.125% bonds due Nov. 15, 2039; and

• $21,085,000 of 6.25% bonds due Nov. 15, 2044.

Wells Fargo Bank, NA is the trustee.

Based in Bellefonte, Pa., the authority provides funding to hospitals and health care systems throughout the county.


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