Ascension Health, Tenn., to reoffer, convert $81.5 million revenue bonds

By Cristal Cody

Tupelo, Miss., March 5 - Ascension Health in Tennessee plans to remarket $81.5 million in series 2001B1 variable-rate revenue bonds through the Health and Educational Facilities Board of the Metropolitan Government of Nashville and Davidson County, according to a reoffering circular.

The bonds (Aa1/AA/AA+) will be converted on March 30 from a weekly interest rate to either a long-term interest rate or a remarketing window interest rate.

The bonds are due in 2031.

Citigroup Global Markets Inc. and Morgan Stanley & Co. are co-remarketing agents.

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