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Published on 1/24/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Connecticut HEFA calls $214.08 million Saint Francis Hospital bonds

By Tali Rackner

Minneapolis, Jan. 24 - The Connecticut Health and Educational Facilities Authority called $214,075,000 of revenue bonds issued for the Saint Francis Hospital, according to multiple notices.

The following will be redeemed at par plus accrued interest to the redemption date:

• $5.04 million of 5.5% 2002 series D bonds due July 1, 2017;

• $6.3 million of 5% 2002 series D bonds due July 1, 2022;

• $175 million of variable-rate 2008 series F bonds due July 1, 2047; and

• $27,735,000 of variable-rate 2010 series D bonds due June 30, 2027.

The 2002D bonds will be redeemed on Feb. 24, the 2008F bonds will be redeemed on March 3 and the 2010D bonds will be redeemed on Jan. 30.

U.S. Bank NA is the trustee and refunding escrow deposit agent.


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