KidsPeace Children's Hospital Inc. of Schnecksville, Pa., looking to pare bond debt from $51.3 million to $24 million, filed a voluntary Chapter 11 bankruptcy petition.

Affected are general revenue bonds that the Lehigh Valley General Purpose Authority issued in 1998 and 1999, according to a filing with the U.S. Bankruptcy Court for the Eastern District of Pennsylvania in Reading.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.