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Colorado Health defeases $20.39 million of Evangelical Lutheran bonds
By Tali Rackner
Norfolk, Va., July 30 – The Colorado Health Facilities Authority plans to redeem $20,385,000 of its series 2005 health facilities revenue bonds issued for the Evangelical Lutheran Good Samaritan Society project, according to a notice.
The authority defeased $10,155,000 of 5.25% bonds due June 1, 2023, and $10.23 million of 5% bonds due June 1, 2029.
The bonds will be redeemed at par plus accrued interest to the redemption date.
U.S. Bank NA is the escrow agent.
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