D.C. Children's Hospital plans to convert $150 million auction-rate bonds to fixed rate

By Cristal Cody

Springdale, Ark., March 5 - Children's Hospital in the District of Columbia plans to convert $150 million auction-rate bonds to a fixed rate, according to a notice released Wednesday.

The conversion includes $50 million each in subseries 2005-1, 2005-2 and 2005-3 hospital revenue bonds.

The bonds are due July 15, 2035.

A date for the conversion has not been announced.

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