Hospital's $81M Issue to Proceed Despite Bon Secours' Accounting Troubles

Vadum, Matthew
October 2003
Bond Buyer;10/31/2003, Vol. 346 Issue 31752, p5
Trade Publication
Reports that Bon Secours Health System Inc. will proceed with a combined current refunding and new-money bond deal on November 15, 2003, despite possible accounting irregularities within a Michigan-based subsidiary. Total value of the deal; Bon Secours' disclosure that it had determined that financial statements of its Bon Secours Cottage Health Services subsidiary might contain errors.


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