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Cedar Rapids, Iowa, to redeem some 2005 Mercy Medical Center bonds
By Marisa Wong
Madison, Wis., July 11 - City of Cedar Rapids, Iowa, gave notice that $2.1 million of its Mercy Medical Center series 2005 hospital revenue bonds are subject to mandatory redemption on Aug. 12.
The variable-rate bonds due Aug. 15, 2029 will be redeemed at par plus accrued interest to the redemption date.
Wells Fargo Bank, NA is the agent.
The medical center is based in Cedar Rapids, Iowa.
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