Halifax Hospital, Fla., redeems, converts $175 million bonds

By Cristal Cody

Tupelo, Miss., Sept. 26 - Halifax Hospital Medical Center in Daytona Beach, Fla., redeemed $70 million in auction-rate bonds and converted $105 million of auction-rate bonds to long-term fixed interest rates, according to a notice.

Halifax redeemed the $34.075 million outstanding from the series 2006C auction-rate revenue refunding and improvement bonds on Sept. 11.

The hospital also redeemed $35.925 million from the series 2006B1 auction-rate revenue bonds on Sept. 18.

The medical center converted the $70.925 million in series 2006B1 and $34.075 million in series 2006B2 revenue bonds from an auction rate to a long-term fixed interest rate on Sept. 18.

The bonds are due in 2046.

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