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Published on 8/5/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Michigan State Hospital's Ascension Health bonds have mandatory tender

By Tali David

Minneapolis, Aug. 5 - The Michigan State Hospital Finance Authority said its series 2010F-2, 2010F-7 and 2010F-8 refunding and project revenue bonds issued for the Ascension Health Senior Credit Group are subject to mandatory tender, according to a notice.

The authority will purchase $69,315,000 of 2010F-6 bonds, $72,915,000 of 2010F-7 bonds and $80.12 million of 2010F-8 bonds on Aug. 13. All bonds are due Nov. 15, 2047.

Wells Fargo Bank, NA is the bond trustee and tender agent.


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