California Health 2009C St. Joseph Health bonds have mandatory tender

By Tali Rackner

Norfolk, Va., Oct. 7 – The California Health Facilities Financing Authority said its $110.54 million of series 2009C St. Joseph Health System variable-rate refunding revenue bonds are subject to mandatory tender, according to a notice.

The bonds will be purchased at par plus accrued interest on Oct. 16.

The mandatory tender is a result of the St. Joseph Health’s election to continue the interest rate mode of the bonds in a long-term rate.

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

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