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Published on 3/28/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

South Broward Hospital, Fla., calls $120 million revenue bonds at 101

By Marisa Wong

Madison, Wis., March 28 - South Broward Hospital District of Florida said it will redeem all $120 million of its outstanding series 2002 hospital revenue bonds on May 1.

The district will redeem the following bonds at 101 plus accrued interest to the redemption date:

• $4.91 million of 5.5% bonds due May 1, 2022;

• $37,495,000 of 5.6% bonds due May 1, 2027; and

• $77,595,000 of 5.625% bonds due May 1, 2032.

U.S. Bank NA is the trustee and agent.


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