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04/10/08 — Hospital handles bond rate concern

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Local News > Archive > April 2008 > 10
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Hospital handles bond rate concern

By Phyllis Moore
Published in News on April 10, 2008 1:58 PM

Wayne Memorial Hospital has obtained a short term line of credit from BB&T and is working with a consultant to determine how to refinance its 2006 bond issue for $35 million. After a sharp drop recently in the auction rate...

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