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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 2/24/2010 in the Prospect News Municipals Daily.

Allegheny County Hospital, Pa., calls 1998A&B UPMC Health System bonds

By Marisa Wong

Milwaukee, Feb. 24 - The Allegheny County Hospital Development Authority of Pennsylvania gave notice that it will redeem $214.325 million of its UPMC Health System revenue refunding bonds, series 1998A and 1998B, on March 24.

Affected are the following 1998A bonds, to be redeemed at 101, plus accrued interest up to the redemption date:

• $11.57 million of 5.25% bonds due Aug. 1, 2010;

• $12.195 million of 5.25% bonds due Aug. 1, 2011;

• $4.08 million of 4.65% bonds due Aug. 1, 2012;

• $8.755 million of 5.25% bonds due Aug. 1, 2012;

• $13.52 million of 5.25% bonds due Aug. 1, 2013;

• $14.245 million of 5.25% bonds due Aug. 1, 2014;

• $9.725 million of 4.625% bonds due Aug. 1, 2016; and

• $16.44 million of 4.875% bonds due Aug. 1, 2019.

Affected are the following 1998B bonds, to be redeemed at 100.5, plus accrued interest up to the redemption date:

• $5.175 million of 5% bonds due Nov. 1, 2016;

• $11.135 million of 5% bonds due Nov. 1, 2018; and

• $33.095 million of 5% bonds due Nov. 1, 2023.

Affected are the following 1998B bonds, to be redeemed at 101, plus accrued interest up to the redemption date:

• $6.88 million of 4.55% bonds due Dec. 15, 2010;

• $6.3 million of 4.65% bonds due Dec. 15, 2011;

• $1 million of 5.25% bonds due Dec. 15, 2011;

• $3.5 million of 4.85% bonds due Dec. 15, 2012;

• $3.715 million of 5.5% bonds due Dec. 15, 2012;

• $5 million of 5.25% bonds due Dec. 15, 2013;

• $2.755 million of 5.5% bonds due Dec. 15, 2013;

• $8.295 million of 5.5% bonds due Dec. 15, 2014;

• $8.415 million of 4.625% bonds due Dec. 15, 2015;

• $8.945 million of 4.75% bonds due Dec. 15, 2016;

• $9.27 million of 5% bonds due Dec. 15, 2017; and

• $10.315 million of 5% bonds due Dec. 15, 2018.


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