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Published on 6/27/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

North Carolina Medicare calls $54.61 million 2003A Given Estates bonds

By Tali David

Minneapolis, June 27 - The North Carolina Medicare Care Commission plans to redeem all $54.61 million of its series 2003A retirement facilities first mortgage revenue refunding bonds issued for the Givens Estates, Inc. Project, according a notice.

The following bonds will be redeemed at 101 plus accrued interest on July 1:

• $1,615,000 of 5.5% bonds due July 1, 2014;

• $19.91 million of 6.375% bonds due July 1, 2023; and

• $33,085,000 of 6.5% bonds due July 1, 2032.

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


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