Massachusetts HEFA might redeem CareGroup, Milton, Jordan revenue bonds

By Tali Rackner

Norfolk, Va., Aug. 6 – The Massachusetts Health and Educational Facilities Authority gave notice of potential refunding of its 2008 series E-1, E-2 CareGroup Inc., 2005 series D Milton Hospital and series E and D Jordan Hospital revenue bonds, according to a notice.

The following 2008 series E-1 CareGroup bonds are affected:

• $900,000 of bonds due July 1, 2016;

• $935,000 of bonds due July 1, 2017;

• $1.73 million of bonds due July 1, 2018;

• $1.79 million of bonds due July 1, 2019;

• $1,485,000 of bonds due July 1, 2020;

• $12.35 million of bonds due July 1, 2021;

• $14,825,000 of bonds due July 1, 2028;

• $48.49 million of bonds due July 1, 2033; and

• $62.24 million of bonds due July 1, 2038.

The following 2008 series E-2 CareGroup bonds are affected:

• $13,965,000 of bonds due July 1, 2016;

• $12.64 million of bonds due July 1, 2017;

• $11,365,000 of bonds due July 1, 2018;

• $12,015,000 of bonds due July 1, 2019;

• $12.72 million of bonds due July 1, 2020;

• $13.47 million of bonds due July 1, 2021;

• $14,345,000 of bonds due July 1, 2022;

• $15.14 million of bonds due July 1, 2023;

• $16,015,000 of bonds due July 1, 2024; and

• $16.97 million of bonds due July 1, 2025.

The following 2005 series D Milton Hospital bonds are affected:

• $14.25 million of bonds due July 1, 2030;

• $8,145,000 of bonds due July 1, 2035; and

• $10,605,000 of bonds due July 1, 2040.

The following series E Jordan Hospital bonds are affected:

• $49,935,000 of bonds due Oct. 1, 2033.

The following series D Jordan Hospital bonds are affected:

• $6.41 million of bonds due Oct. 1, 2018;

• $9.81 million of bonds due Oct. 1, 2023; and

• $6.23 million of bonds due Oct. 1, 2028.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.