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Published on 1/8/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Hamilton, Ohio, to redeem $130.46 million Children's Hospital bonds

By Tali David

Minneapolis, Jan. 8 - The County of Hamilton, Ohio, plans to redeem all $51.39 million of its series 1998 hospital facilities revenue bonds issued for the Children's Hospital Medical Center and $79.07 million of its series 2004J bonds issued for the Cincinnati Children's Hospital Medical Center, according to a notice.

The county will redeem the $51.39 million of 4.75% 1998 bonds, which are due May 15, 2028, on Feb. 10.

The following 2004J bonds will be redeemed on May 15, 2014:

• $2,335,000 of 5.25% bonds due May 15, 2015;

• $2,455,000 of 5.25% bonds due May 15, 2016;

• $2,585,000 of 5.25% bonds due May 15, 2017;

• $2.72 million of 5.25% bonds due May 15, 2018;

• $2,865,000 of 5.25% bonds due May 15, 2019;

• $3.02 million of 5.25% bonds due May 15, 2020;

• $3.19 million of 5.25% bonds due May 15, 2021;

• $3,355,000 of 5.25% bonds due May 15, 2022;

• $3.53 million of 5.25% bonds due May 15, 2023;

• $3,715,000 of 5.25% bonds due May 15, 2024;

• $16.86 million of 5.125% bonds due May 15, 2028;

• $20,545,000 of 5% bonds due May 15, 2032; and

• $11,895,000 of 5.25% bonds due May 15, 2034.

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

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


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