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Published on 12/5/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Allegheny County, Pa., redeems $1.83 million Longwood at Oakmont bonds

By Tali David

Minneapolis, Dec. 5 - The Allegheny County Industrial Development Authority, Pa., redeemed $1,825,000 of its series 2011A Longwood at Oakmont, Inc. variable-rate health care facilities revenue bonds, according to a redemption notice.

The bonds, which are due Dec. 1, 2041, were redeemed at par plus accrued interest on Dec. 1.

Following the transaction, $55.76 million will remain outstanding.

The Bank of New York Mellon Trust Co., NA is the trustee or agent.

Longwood at Oakmont is a retirement community in Pittsburgh.


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