Washington Health Care Facilities to redeem Seattle Children's bonds

By Marisa Wong

Madison, Wis., Sept. 28 - Washington Health Care Facilities Authority said it will redeem its $61.475 million of outstanding Children's Hospital and Regional Medical Center series 2001 revenue bonds on Oct. 1.

The affected bonds include the following:

• $4.355 million of 5.375% bonds due Oct. 1, 2014;

• $100,000 of 4.6% bonds due Oct. 1, 2016;

• $100,000 of 4.8% bonds due Oct. 1, 2018;

• $5.27 million of 5.375% bonds due Oct. 1, 2018;

• $9.145 million of 5% bonds due Oct. 1, 2021; and

• $42.505 million of 5.125% bonds due Oct. 1, 2031.

The bonds will be redeemed at par.

The Olympia, Wash.-based authority provides funding for the construction of health care facilities in the state. The Seattle children's hospital changed its name to Seattle Children's in 2008.

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