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Washington Health to refund $83.36 million Seattle Cancer Care bonds
By Tali Rackner
Norfolk, Va., Nov. 18 – The Washington Health Care Facilities Authority plans to refund $83,355,000 of its series 2008 revenue bonds issued for the Seattle Cancer Care Alliance, according to a notice.
The following will be redeemed at par plus accrued interest to their maturities:
• $1.54 million of 5.5% bonds due March 1, 2015;
• $1,625,000 of 5.5% bonds due March 1, 2016;
• $1.71 million of 5.5% bonds due March 1, 2017;
• $1,805,000 of 5.5% bonds due March 1, 2018; and
• $1,905,000 of 5.75% bonds due March 1, 2019.
The following will be redeemed at par plus accrued interest on March 1, 2019:
• $11,475,000 of 6.5% bonds due March 1, 2024;
• $15,915,000 of 7.125% bonds due March 1, 2029; and
• $47.38 million of 7.373% bonds due March 1, 2038.
U.S. Bank NA is the escrow agent.
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