Pennsylvania Economic Development
Financing Authority UPMC Revenue
Bonds, Series 2016

Allegheny County Hospital Development Authority

The University of Pittsburgh Medical Center is funding a portion of its 2016 Capital Plan, that includes improvements to Presbyterian South Tower, Altoona-Logan Medical Center, and major investments in technology infrastructure and data analytics among other projects.

Issuance characteristics
  • Contains callable maturities
  • Limited obligation
  • Federally tax exempt
  • Revenue
  • Negotiated sale

Can I sell the bonds if I don’t want them anymore?

Yes, bonds sold through Neighborly are book-entry bonds with registered CUSIPs, and therefore are tradeable in the secondary market in the same way as any other registered municipal security. Read more here.

Can I transfer my bond to another brokerage account?

Absolutely, after the sale is completed, Neighborly can transfer bonds to a brokerage account at another institution. Fees may apply. Read more here.

Is there an investment minimum or maximum?

The minimum investment is determined by the minimum denomination of the issuance. In the case of this financing, it is $5,000. If there is a maximum, refer to Sales Condition under Project details tab.

What other risks should I be aware of when investing in bonds?

Please review the risks section of the Preliminary Official Statement for more information.

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