Camden County, N.J., defeases 2005A, 2005B Cooper Health System bonds

By Tali Rackner

Norfolk, Va., Nov. 19 – The Camden County Improvement Authority, N.J., defeased its series 2005A and 2005B health care redevelopment project fixed-rate revenue bonds issued for the Cooper Health System Obligated Group, according to two notices.

The following 2005A bonds will be redeemed at par plus accrued interest on Feb. 15:

• $1.8 million of bonds due Feb. 15, 2015;

• $10,545,000 of bonds due Feb. 15, 2020;

• $13,625,000 of bonds due Feb. 15, 2025; and

• $39.95 million of bonds due Feb. 15, 2035.

The following 2005B bonds will be redeemed at par plus accrued interest on Feb. 15:

• $2,435,000 of bonds due Feb. 15, 2015;

• $14,505,000 of bonds due Feb. 15, 2020; and

• $27.62 million of bonds due Feb. 15, 2027.

TD Bank, NA is the escrow agent.

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