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Published on 1/28/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Newport Beach, Calif., calls 2009B, C Hoag Memorial Hospital bonds

By Marisa Wong

Madison, Wis., Jan. 28 - The City of Newport Beach, Calif., said that it will redeem its outstanding Hoag Memorial Hospital Presbyterian revenue bonds, series 2009B and 2009C, on Feb. 8.

The bonds will be redeemed at par plus accrued interest to the redemption date.

Affected are $36.605 million of 2009B bonds and $36.605 million of 2009C bonds, all due Dec. 1, 2038.

Wells Fargo Bank, NA is the trustee and agent.


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