Birmingham to redeem $75.27 million of 2009 Children's Hospital bonds

By Tali Rackner

Norfolk, Va., May 2 - The Special Care Facilities Financing Authority of the City of Birmingham, Ala., called $75,265,000 of its series 2009 health care facility revenue bonds issued for the Children's Hospital, according to a notice.

The following will be redeemed at par plus applicable premium on June 1:

• $2.01 million of 3.5% bonds due June 1, 2015;

• $2,085,000 of 4% bonds due June 1, 2016;

• $2.17 million of 4.25% bonds due June 1, 2017;

• $2,265,000 of 4.5% bonds due June 1, 2018;

• $3.53 million of 4.625% bonds due June 1, 2019;

• $3,695,000 of 4.75% bonds due June 1, 2020;

• $3.88 million of 5% bonds due June 1, 2021;

• $38.82 million of 5.75% bonds due June 1, 2029; and

• $16.81 million of 5.25% bonds due June 1, 2024.

The Bank of New York Melon Trust Co., NA is the trustee 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.