Philadelphia Hospitals and Higher Education calls $3 million of bonds

By Melissa Kory

Cleveland, June 16 - The Hospitals and Higher Education Facilities Authority of Philadelphia said it will redeem $3 million of its variable-rate Children's Hospital of Philadelphia Project hospital revenue bonds.

The bonds will be redeemed on July 1 at par plus accrued interest.

The redemption includes:

• $1.7 million of its $23.2 million of series 2002A bonds due July 1, 2022 and

• $1.3 million of its $93.2 million of series 2002B bonds due July 1, 2025.

Bank of New York Mellon is the redemption agent.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.