Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Memorial Hermann Healthcare System > News item |
Harris County, Texas, defeases $290.83 million Memorial Hermann bonds
By Tali David
Minneapolis, March 28 - Harris County Health Facilities Development Corp. of Texas defeased $63.83 million of its series 2004A hospital revenue bonds and $227 million of its series 2008B hospital revenue refunding bonds issued for the Memorial Hermann Healthcare System, according to a notice.
The following 2004A bonds will be redeemed on Dec. 1, 2014:
• $5.12 million of 5.25% bonds due Dec. 1, 2015;
• $5,385,000 of 5.25% bonds due Dec. 1, 2016;
• $5,665,000 of 5.25% bonds due Dec. 1, 2017;
• $5.96 million of 5.25% bonds due Dec. 1, 2018;
• $6,265,000 of 5% bonds due Dec. 1, 2019;
• $6,595,000 of 5% bonds due Dec. 1, 2020;
• $6,935,000 of 5% bonds due Dec. 1, 2021;
• $7,295,000 of 5.125% bonds due Dec. 1, 2022;
• $7,675,000 of 5.125% bonds due Dec. 1, 2023; and
• $6,935,000 of 5.125% bonds due Dec. 1, 2024.
The following 2008B bonds will be redeemed on Dec. 1, 2014:
• $11.22 million of 7.2% bonds due Dec. 1, 2028; and
• $12,395,000 of 7.2% bonds due Dec. 1, 2029.
The following 2008B bonds will be redeemed on Dec. 1, 2018:
• $27,345,000 of 7% bonds due Dec. 1, 2027;
• $27.95 million of 7.125% bonds due Dec. 1, 2031; and
• $148.09 million of 7.25% bonds due Dec. 1, 2035.
Bank of New York Mellon Trust Co., NA is the escrow agent.
Memorial Hermann is based in Houston.
© 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.