Michigan State Hospital calls all $50.11 million 2003 Oakwood bonds

By Tali David

Minneapolis, Oct. 2 - The Michigan State Hospital Finance Authority called all $50.11 million of its series 2003 hospital revenue refunding bonds issued for the Oakwood Obligated Group, according to a notice.

The following will be redeemed at par on Nov. 1:

• $11.88 million of 5.5% bonds due Nov. 1, 2014;

• $12.39 million of 5.5% bonds due Nov. 1, 2015;

• $8,165,000 of 5.5% bonds due Nov. 1, 2016;

• $8,605,000 of 5.5% bonds due Nov. 1, 2017; and

• $9.07 million of 5.5% bonds due Nov. 1, 2018.

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

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