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Published on 12/7/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Allegheny County, Pa., authority calls $3.07 million revenue bonds

By Melissa Kory

Cleveland, Dec. 7 - The Allegheny County Industrial Development Authority of Pennsylvania announced that it will redeem $3.07 million of its variable-rate senior health and housing facilities revenue bonds due July 1, 2038.

The redemption includes $1,535,000 of its $30.15 million of series 2008A bonds and $1,535,000 of its $30.15 million of series 2008B bonds.

The bonds will be redeemed on Jan. 1 at par, plus accrued interest to the redemption date.

Bank of New York Mellon is the redemption agent.


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