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Published on 10/16/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Macomb, Mich., calls $82.8 million of Mount Clemens hospital bonds

By Tali David

Minneapolis, Oct. 16 - The Macomb County Hospital Finance Authority, Mich. called $82.8 million of its series 2003B hospital revenue bonds issued for the Mount Clemens General Hospital, according to a notice.

On Nov. 15, the authority will redeem $22,405,000 of 5.75% bonds due Nov. 15, 2025 and $60,395,000 of 5.875% bonds due Nov. 15, 2034.

The bonds will be redeemed at par plus accrued interest to the redemption date.

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


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