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Griffin Hospital Issue, Series E&F

Borrower: 
Griffin Hospital
Par Amount: 
$48,482,000
Purpose: 

Bond proceed provided for the refunding of the Hospital's 2005 Series B, 2007 Series C&D bond issues, and to fund approximately $2.5 million for capital expenditures.  The Series E & F issues were a variable rate private placement with a 5-year tender date.

Private Placement - M&T Bank Corporation
Closing Date: 
January 20, 2017
Final Maturity: 
September 30, 2042
Yield: 
Series E: 1.46%; Series F: 1.72% (taxable)

For further information, search EMMA for this issue.