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Published on 9/20/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Tarrant County, Texas, to redeem 2008-3 Scott & White hospital bonds

By Marisa Wong

Madison, Wis., Sept. 20 - The Tarrant County Cultural Education Facilities Finance Corp. of Texas said it will redeem its $56.225 million of outstanding Scott and White Memorial Hospital and Scott, Sherwood and Brindley Foundation Project hospital revenue bonds, series 2008-3, in full on Oct. 1.

The bonds were originally to be redeemed on Aug. 24, but that redemption was rescinded.

The bonds due Aug. 15, 2046 will be redeemed at par plus accrued interest up to the redemption date.

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


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