California Statewide Authority defeases some Methodist Hospital bonds

By Wendy Van Sickle

Columbus, Ohio, Dec. 7 – The California Statewide Communities Development Authority defeased $252,985,000 of series 2009 FHA-insured mortgage revenue bonds for the Methodist Hospital of Southern California, according to a notice.

The following will be redeemed at will be redeemed Aug. 1, 2019, at par plus accrued interest to the redemption date:

• $2,575,000 of bonds due Feb. 1, 2016;

• $2.6 million of bonds due Aug. 1, 2016;

• $2,725,000 of bonds due Feb. 1, 2017;

• $2.75 million of bonds due Aug. 1, 2017;

• $2,875,000 of bonds due Feb. 1, 2018;

• $2,905,000 of bonds due Aug. 1, 2018;

• $3,035,000 of bonds due Feb. 1, 2019;

• $3,075,000 of bonds due Aug. 1, 2019;

• $35,085,000 of bonds due Aug. 1, 2024;

• $50,605,000 of bonds due Aug. 1, 2029; and

• $144,755,000 of bonds due Feb. 1, 2038.

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

© 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.