Michigan State Hospital calls all 2005 Sparrow Obligated Group bonds

By Tali Rackner

Norfolk, Va., May 1– The Michigan State Hospital Finance Authority called all of its series 2005 hospital revenue and refunding bonds issued for the Sparrow Obligated Group, according to a notice.

The following will be redeemed at par plus accrued interest on May 26:

• $2.12 million of 3.75% bonds due Nov. 15, 2015;

• $2.2 million of 5% bonds due Nov. 15, 2016;

• $2,305,000 of 5% bonds due Nov. 15, 2017;

• $2.42 million of 5% bonds due Nov. 15, 2018;

• $2,545,000 of 5% bonds due Nov. 15, 2019;

• $2.68 million of 5% bonds due Nov. 15, 2020;

• $19,115,000 of 5% bonds due Nov. 15, 2026;

• $39.66 million of 5% bonds due Nov. 15, 2036; and

• $7.5 million of 4.5% bonds due Nov. 15, 2036.

U.S. Bank NA is the trustee or agent.

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