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  • Title: Bond volume slips as refinancing slides.
    Author: Nemes J.
    Journal: Mod Healthc; 1991 Apr 15; 21(15):74, 76. PubMed ID: 10109901.
    Abstract:
    Tax-exempt healthcare bond volume fell 4.3% in the first quarter of 1991 as hospitals put the brakes on refinancings. Most facilities already have refunded higher-interest-rate debt, and others must wait for current rates to drop further for refinancing to make economic sense. While refinancings subsided, there was a flurry of new issues as hospitals replenished their depleted capital coffers.
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