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Published on 6/12/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

St. Petersburg, Fla., authority hospital bonds have June 28 tender

By Ashley Montgomery

Kansas City, Kan., June 12 - The City of St. Petersburg Health Facilities Authority in Florida said its $110 million series 2005 A and B All Children's Hospital, Inc. health facilities variable-rate revenue bonds are subject to mandatory tender on June 28, according to a notice.

The authority said the mandatory tender was triggered by a failure to replace or extend the letter of credit on the bonds.

U.S. Bank, NA is the trustee.


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