E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/11/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Michigan calls all $61.53 million of its McLaren Health Care bonds

By Tali David

Minneapolis, June 11 - Michigan State Hospital Finance Authority called all $61.53 million of its series 1998A McLaren Health Care Corp. revenue and refunding bonds, according to a redemption notice.

The following bonds will be redeemed at par plus applicable premium on July 10:

• $2,665,000 of 5.1% bonds due June 1, 2013;

• $19,055,000 of 5% bonds due June 1, 2019; and

• $39.81 million of 5% bonds due June 1, 2028.

The Bank of New York Mellon Trust Co., NA is the agent.

McLaren is a health care organization in the Lower Peninsula of Michigan.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.