Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item |
Allina Health System, Minn., tenders for $111.9 million revenue bonds
By Jennifer Chiou
New York, Oct. 29 - The Minneapolis and the Housing and Redevelopment Authority of the City of St. Paul held a tender offer for the $111.9 million of series 1998A variable-rate demand revenue bonds of Allina Health System.
The offer affected the $37.3 million of tranche I bonds due Aug. 1, 2028, $37.3 million of tranche II bonds due Aug. 1, 2027 and the $37.3 million of tranche III bonds due Aug. 1, 2028.
The authority said it would pay 93% of par plus accrued interest.
The offer was set to end at 5 p.m. ET on Oct. 28, with settlement on Nov. 10.
Bondholder Communications Group LLC was the information and tender agent (212 809-2663).
The bonds were initially issued as Periodic Auction Reset Securities.
Allina Health is based in Minneapolis.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.