Indiana Health to convert $84.675 million Sisters of St. Francis series 2006E health system bonds

By Sheri Kasprzak

New York, April 2 - The Indiana Health and Educational Facilities Authority intends to convert $84.675 million in series 2006E health system revenue refunding bonds, according to a conversion notice released Wednesday.

The bonds will be converted to a long-term rate from an auction-rate mode on April 25, the notice said.

The bonds were sold in May 2006 for Sisters of St. Francis Health Services, Inc.

Merrill Lynch & Co. and Citigroup Global Markets are the remarketing agents.

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