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Published on 10/18/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Pennsylvania Higher Education redeems $4.26 million revenue bonds

By Devika Patel

Knoxville, Tenn., Oct. 18 - The Pennsylvania Higher Education Facilities Authority said it will redeem $1.67 million of its series B health services revenue bonds and $2.59 million of its series C health services revenue bonds at par plus interest on Nov. 15.

The state issued $306.15 million of the 5.875% bonds for the Allegheny Delaware Valley Obligated Group Project on May 15, 1996.

Wells Fargo Bank, NA (612 667-9764 or 800 344-5128) is the trustee.


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