Southcentral Pennsylvania, defeases $91.54 million WellSpan bonds

By Tali Rackner

Norfolk, Va., Nov. 18 – The General Authority of Southcentral Pennsylvania plans to refund $91,535,000 of its series 2008A revenue bonds issued for WellSpan Health Obligation Group, according to a notice.

The following will be redeemed at par plus accrued interest to the redemption date:

• $4.78 million of 5% bonds due June 1, 2015;

• $5.58 million of 6% bonds due June 1, 2016;

• $5,985,000 of 6% bonds due June 1, 2017;

• $6,395,000 of 5.625% bonds due June 1, 2018;

• $44,235,000 of 6% bonds due June 1, 2025; and

• $24.56 million of 6% bonds due June 1, 2029.

Manufacturers and Traders Trust Co. is the trustee.

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