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Shelby, Tenn., facility board calls $129.77 million revenue bonds
By Tanya Meyer
Chicago, Feb. 8 – The Health, Educational and Housing Facility Board of the County of Shelby, Tenn. has partially defeased and plans to redeem $129.77 million of its series 2004A and 2004B variable rate revenue bonds for Methodist Healthcare, according to a notice.
The following series 2004A bonds, originally issued on Sept. 15, 2004, will be redeemed for an aggregate amount of $64,885,000 on March 1, 2018 at par plus accrued interest up to the redemption date:
• $5,450,000 of 5.25% bonds due Sept. 1, 2020;
• $6,675,000 of 5.25% bonds due Sept. 1, 2021;
• $13,450,000 million of 5.25% bonds due Sept. 1, 2023; and
• $39,310,000 million of 5.25% bonds due Sept. 1, 2027.
The following series 2004B bonds, originally issued on Sept. 15, 2004, will also be redeemed for an aggregate amount of $64,885,000 on March 1, 2018 at par plus accrued interest up to the redemption date:
• $5,450,000 million of 5.25% bonds due Sept. 1, 2020;
• $6,675,000 million of 5.25% bonds due Sept. 1, 2021;
• $13,425,000 million of 5.25% bonds due Sept. 1, 2023; and
• $39,335,000 million of 5.25% bonds due Sept. 1, 2027.
U.S. Bank, NA is the paying agent.
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