Pennsylvania Court Sets Hearing to Retire Debt of Defunct Health System

D'Ambrosio, Gillian
November 2003
Bond Buyer;11/3/2003, Vol. 346 Issue 31753, p41
Trade Publication
Reports that a Pennsylvania court has scheduled a hearing on a settlement plan for the creditors of the defunct St. Francis Health System which could lead to the retirement of system's debt by the end of 2003. Plan for distribution for unsecured creditors; Repayment of the principal and interest outstanding on the health system's bonds; Settlement of a class action lawsuit brought by St. Francis employees.


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