Maryland health authority's Mercy Medical bonds have mandatory tender

By Marisa Wong

Madison, Wis., May 9 - Maryland Health and Higher Educational Facilities Authority said its Mercy Medical Center revenue bonds, series 2007B and 2007C, are subject to mandatory tender for purchase on June 9.

The bonds will be purchased at par plus accrued interest to the purchase date.

Following the mandatory purchase date, the bonds will no longer be secured by a credit facility.

The Bank of New York Mellon is the registrar.

The medical center is based in Baltimore.

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