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Published on 4/15/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Fairfax, Va., development authority calls $5.03 million Inova bonds

By Melissa Kory

Cleveland, April 15 - The Industrial Development Authority of Fairfax County, Va., said it will redeem $425,000 of its $62 million of series 2005A-2, $425,000 of its $62 million of series 2005A-1, $2.09 million of its $49.7 million of series 2005C-2 and $2.09 million of its $49.7 million of series 2005C-1 variable-rate Inova Health System health care revenue bonds.

The series 2005A bonds mature on May 15, 2035, and the series 2005C bonds mature on May 15, 2026.

The bonds will be redeemed on May 15 at par, plus accrued interest to the redemption date.

U.S. Bank, NA is the redemption agent.


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