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Published on 10/6/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Catholic Health Services of Long Island may refund some Dasny bonds

By Marisa Wong

Madison, Wis., Oct. 6 - Catholic Health Services of Long Island said in a news release that it is considering refunding certain of the revenue bonds issued by the Dormitory Authority of the State of New York.

Catholic Health may redeem some or all of the following bonds:

• Good Samaritan Hospital Medical Center revenue bonds, series 1999A;

• St. Charles Hospital and Rehabilitation Center revenue bonds, series 1999A;

• St. Francis Hospital revenue bonds, series 1999A;

• Mercy Medical Center revenue bonds, series 1999A;

• Catholic Health Services of Long Island Obligated Group (St. Catherine of Siena Medical Center) revenue bonds, series 2000A; and

• Catholic Health Services of Long Island Obligated Group (Siena Village) revenue bonds, series 2000B.

The New York City-based authority is responsible for financing and building facilities for higher education, health-care providers, court facilities, nonprofit institutions and public agencies. Catholic Health Services is a Rockville Centre, N.Y.-based integrated health care system that includes six hospitals, three nursing homes, a regional home care and hospice group and a community-based agency for special needs.


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