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Published on 7/19/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Washington Health Care rescinds redemption of Catholic Health bonds

By Marisa Wong

Madison, Wis., July 19 - The Washington Health Care Facilities Authority rescinded the planned redemption of $50.235 million of its series 2008A-4 Catholic Health Initiatives revenue bonds.

The variable-rate bonds, which are due Dec. 1, 2036, were originally to be redeemed on July 29 at par plus accrued interest up to the redemption date.

Wells Fargo Bank, NA was the agent.


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