Integris Baptist Medical, Okla., plans mandatory tender to purchase and convert $152.25 million bonds

By Cristal Cody

Springdale, Ark., April 15 - The Integris Baptist Medical Center in Oklahoma called for a mandatory tender to purchase and convert $152.25 million series 2007A auction-rate health system revenue and refunding bonds in May, according to a notice released Tuesday.

The bonds priced through the Oklahoma Development Finance Authority and are insured by Assured Guaranty Corp.

The tender includes $49.425 million series 2007A1 bonds on May 8, $49.85 million series 2007A2 bonds on May 6 and $52.975 million series 2007A3 bonds on May 7.

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