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Published on 6/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey Health calls portion of Underwood Memorial Hospital bonds

By Marisa Wong

Madison, Wis., June 1 - The New Jersey Health Care Facilities Financing Authority said it will redeem $1.65 million of its $57.725 million of variable-rate series 2008 Underwood Memorial Hospital bonds due July 1, 2033.

The bonds will be redeemed on July 1 at par plus accrued interest to the redemption date.

The Trenton, N.J.-based authority issues municipal bonds for New Jersey's health care organizations. The hospital is located in Woodbury, N.J.


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