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Published on 1/15/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Michigan State Hospital calls $69.06 million Henry Ford bonds in full

By Tali David

Minneapolis, Jan. 15 - The Michigan State Hospital Finance Authority called all $69,055,000 of its series 2003A Henry Ford Health System hospital revenue refunding bonds, according to a notice.

The following bonds will be redeemed at par plus accrued interest on March 1:

• $10.44 million of 5.5% bonds due March 1, 2014;

• $10 million of 5.5% bonds due March 1, 2015;

• $17,115,000 of 5.5% bonds due March 1, 2016;

• $12 million of 5.625% bonds due March 1, 2017; and

• $19.5 million of 5% bonds due March 1, 2017.

U.S. Bank NA is the trustee or agent.

Henry Ford Health System is based in Detroit.


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