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Published on 6/3/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California calls 2005A Adventist Health, 2005 Huntington bonds

By Tali Rackner

Norfolk, Va., June 3 – The California Statewide Communities Development Authority called $171.3 million of its 2005 series A Adventist Health System/West health facility revenue bonds and $172.27 million of its series 2005 revenue bonds issued for the Huntington Memorial Hospital, according to two notices.

The following 2005A Adventist Health bonds will be redeemed at par plus accrued interest on June 30:

• $3.85 million of bonds due March 1, 2016;

• $4 million of bonds due March 1, 2017;

• $4.02 million of bonds due March 1, 2018;

• $4,325,000 of bonds due March 1, 2019;

• $4.5 million of bonds due March 1, 2020;

• $19,975,000 of bonds due March 1, 2025;

• $33.3 million of bonds due March 1, 2030; and

• $97.33 million of bonds due March 1, 2035.

The following 2005 Huntington Memorial bonds will be redeemed at par plus accrued interest on July 1:

• $4,675,000 of 5% bonds due July 1, 2016;

• $4,915,000 of 5% bonds due July 1, 2017;

• $5,155,000 of 5% bonds due July 1, 2018;

• $5,415,000 of 5% bonds due July 1, 2019;

• $5.68 million of 5% bonds due July 1, 2020;

• $5.97 million of 5% bonds due July 1, 2021;

• $6,265,000 of 5% bonds due July 1, 2022;

• $37,955,000 of 5% bonds due July 1, 2027; and

• $96.24 million of 5% bonds due July 1, 2035.

U.S. Bank NA is the trustee or agent.

The authority is based in Sacramento.


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