TribLIVE

| Business

 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

West Penn Allegheny bondholders to hear details of deal

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

'American Coyotes' Series

Traveling by Jeep, boat and foot, Tribune-Review investigative reporter Carl Prine and photojournalist Justin Merriman covered nearly 2,000 miles over two months along the border with Mexico to report on coyotes — the human traffickers who bring illegal immigrants into the United States. Most are Americans working for money and/or drugs. This series reports how their operations have a major impact on life for residents and the environment along the border — and beyond.

Tuesday, Jan. 15, 2013, 5:56 p.m.
 

The trustee for investors who own about $726 million in West Penn Allegheny Health System bonds will hold a conference call on Thursday morning to discuss a tentative deal to keep the health system out of bankruptcy court.

Trustee UMB Bank, of Kansas City, Mo., on Tuesday said the private call would also cover “disclosure of information expected to be made by the (West Penn Allegheny) tomorrow.”

Health insurer Highmark Inc. and West Penn Allegheny have been negotiating with bondholders on a deal to reduce the bond debt.

West Penn Allegheny spokeswoman Kelly Sorice said there was no announcement planned for Wednesday.

Highmark spokesman Aaron Billger could not be reached for comment.

Alex Nixon is a staff writer for Trib Total Media. He can be reached at 412-320-7928 or anixon@tribweb.com.

Add Alex Nixon to your Google+ circles.

Subscribe today! Click here for our subscription offers.

 

 

 


Show commenting policy

Most-Read Stories

  1. Kang’s 9th-inning home run gives Pirates wild victory over Twins
  2. Van Halen plays plenty of favorites in First Niagara show
  3. Rossi: ‘Hockey guy’ Sutter will be missed
  4. Pirates notebook: Prospect Tucker unaware of ‘trade’ frenzy
  5. School credit ratings a problem for several in Western Pennsylvania
  6. A&E notebook: Christmas in July event will offer deals on shows
  7. MLB notebook: Nationals acquire closer Papelbon from Phillies
  8. Pregnant woman killed by gunfire in Brighton Heights, other shootings reported in city
  9. N. Belle Vernon man jailed after police station visit
  10. 5 face trial in beating of black man in Pittsburgh
  11. New Pens winger Fehr ready for defense-first role