Kentucky Economic’s 2011B Catholic Health bonds have mandatory tender

By Tali Rackner

Norfolk, Va., March 10 – The Kentucky Economic Development Finance Authority said its series 2011B-1, B-2 and B-3 Catholic Health Initiatives revenue bonds are subject to mandatory tender, according to multiple notices.

The authority will tender $52.72 million of 2011B-1 bonds, $52.72 million of 2011B-2 bonds and $52,715,000 of 2011B-3 bonds.

The 2011B-1 bonds will be purchased on Aug. 25, and the 2011B-2 and 2011B-3 bonds will be purchased at par plus accrued interest on Aug. 28.

Wells Fargo Bank, NA is the bond trustee and tender agent.

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