Royal Oak Hospital Finance, Mich., calls some William Beaumont bonds

By Marisa Wong

Madison, Wis., June 25 – City of Royal Oak Hospital Finance Authority of Michigan will redeem a portion of its series 2009W William Beaumont Hospital Obligated Group hospital revenue and refunding bonds on Aug. 1, according to a notice.

The following bonds will be redeemed at par plus accrued interest to the redemption date:

• $9.1 million of 4.125% bonds due Aug. 1, 2015;

• $2.64 million of 5% bonds due Aug. 1, 2016;

• $1,655,000 of 4.5% bonds due Aug. 1, 2017;

• $1.33 million of 4.75% bonds due Aug. 1, 2018;

• $8.86 million of 5% bonds due Aug. 1, 2019;

• $9,725,000 of 5% bonds due Aug. 1, 2020;

• $22 million of 6.25% bonds due Aug. 1, 2023;

• $7.35 million of 5.625% bonds due Aug. 1, 2024; and

• $8,105,000 of 6% bonds due Aug. 1, 2029.

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