Michigan State Hospital Finance calls $95.08 million Crittenton bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 14 - Michigan State Hospital Finance Authority plans to redeem all of its series 2002A, 2003A and 2003B hospital revenue and refunding bonds issued for Crittenton Hospital Medical Center, according to a notice.

The bonds will be redeemed on Dec. 14.

The following 2002A bonds will be redeemed at 101:

• $1.23 million of 5.5% bonds due March 1, 2013;

• $1.3 million of 5.5% bonds due March 1, 2014;

• $2,185,000 of 5.5% bonds due March 1, 2015;

• $2.3 million of 5.5% bonds due March 1, 2016;

• $2,425,000 of 5.5% bonds due March 1, 2017;

• $13,325,000 of 5.5% bonds due March 1, 2022; and

• $15.82 million of 5.625% bonds due March 1, 2027.

The following 2003A bonds will be redeemed at par:

• $51.7 million of variable-rate bonds due March 1, 2030.

The following 2003B bonds will be redeemed at par:

• $4.79 million of variable-rate bonds due March 1, 2014.

The Bank of New York Mellon Trust Co., NA is the trustee.

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