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Minneapolis defeases $32.25 million of 2008B Fairview Health bonds
By Wendy Van Sickle
Columbus, Ohio, Sept. 14 – The City of Minneapolis defeased $32.25 million of its Fairview Health Services health care system revenue bonds, series 2008B, according to a notice.
The bonds, which have a 6.5% coupon and a maturity date of Nov. 15, 2038, will be redeemed Nov. 15, 2018. Following the transaction, $177,165,000 of the series 2008B bonds will remain outstanding.
Wells Fargo Bank, NA is the escrow agent.
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