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Published on 10/15/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Minnesota Agricultural and Economic Development to redeem $159.49 million Fairview Health bonds

By Marisa Wong

Madison, Wis., Oct. 15 - The Minnesota Agricultural and Economic Development Board said it will redeem $159.49 million of its Fairview Health Services 2000 series B bonds on Nov. 15.

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

To be redeemed are $36.945 million of variable-rate bonds due Nov. 15, 2022 and $122.545 million of variable-rate bonds due Nov. 15, 2029.

Wells Fargo Bank, NA is the agent.

Fairview is a health care network based in Minneapolis.


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