Regional News
West Penn Allegheny Delays Financial Report
Thursday, January 3, 2013
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West Penn Allegheny Health System has 30 days to post its audited financial report for the 2012 fiscal year to avoid default on its $726 million bond issue.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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