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Published on 10/12/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

South Carolina Jobs calls $67.48 million of Bon Secours Health bonds

By Tali David

Minneapolis, Oct. 12 - The South Carolina Jobs-Economic Development Authority called $67,475,000 of its Bon Secours Health System, Inc. series 2002A economic development revenue bonds, according to a redemption notice.

The following bonds will be redeemed at par plus accrued interest on Nov. 15:

• $6,375,000 of 5.5% bonds due Nov. 15, 2023;

• $12.58 million of 6% bonds due Nov. 15, 2026; and

• $48.52 million of 5.625% bonds due Nov. 15, 2030.

Wells Fargo Bank, NA is the bond trustee.

The Columbia, S.C.-based authority promotes the business and economic welfare of South Carolina by financing public and private projects. Bon Secours is a health system based in Marriottsville, Md.


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