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Published on 6/13/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Bucks County, Pa., authority calls some Grand View Hospital bonds

By Marisa Wong

Madison, Wis., June 13 - Bucks County Industrial Development Authority of Pennsylvania said it will redeem $2.355 million of its $66.655 million of outstanding series 2008B Grand View Hospital variable-rate revenue bonds due July 1, 2039.

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

The Doylestown, Pa.-based authority provides tax-free financing for the construction or expansion of facilities in the county. Grand View Hospital is located in Sellersville, Pa.


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