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Published on 11/12/2008 in the Prospect News Municipals Daily.

WellSpan Health, Pa., to price $80.94 million revenue bonds

By Sheri Kasprzak

New York, Nov. 12 - WellSpan Health Obligated Group intends to price $80.935 million in series 2008D revenue bonds through the General Authority of Southcentral Pennsylvania, according to a preliminary official statement released Wednesday.

Pricing is expected in November.

The bonds (Aaa/VMIG1//AA+/F1+), which are due June 1, 2035, will be sold on a negotiated basis with Citigroup Global Markets as the senior manager.

The bonds will initially bear interest at the weekly rate.

Proceeds will be used to refund outstanding bonds.


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