North Carolina Medical calls series 2003 Maria Parham revenue bonds

By Tali David

Minneapolis, Aug. 27 - The North Carolina Medical Care Commission announced the full redemption of its series 2003 hospital revenue bonds issued for the Maria Parham Medical Center, according to a notice.

The following will be redeemed at par plus accrued interest on Oct. 1:

• $1,355,000 of 5.5% bonds due Oct. 1, 2014;

• $2.94 million of 5.5% bonds due Oct. 1, 2016;

• $1.59 million of 5.5% bonds due Oct. 1, 2017;

• $1.68 million of 5.5% bonds due Oct. 1, 2018;

• $1.77 million of 5.5% bonds due Oct. 1, 2019;

• $1.86 million of 5.5% bonds due Oct. 1, 2020;

• $1,955,000 of 5.125% bonds due Oct. 1, 2021;

• $2,055,000 of 5.125% bonds due Oct. 1, 2022;

• $2.16 million of 5.25% bonds due Oct. 1, 2023;

• $5,835,000 of 6.5% bonds due Oct. 1, 2026; and

• $18.71 million of 5.375% bonds due Oct. 1, 2033.

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

The North Carolina Medical Care Commission is based in Raleigh, N.C. The Maria Parham Medical Center is based in Henderson, N.C.

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