California Health calls $348.62 million 1998A Kaiser Permanente bonds

By Marisa Wong

Madison, Wis., Oct. 29 - The California Health Facilities Financing Authority said it will redeem its $348.615 million of outstanding Kaiser Permanente revenue bonds, 1998 series A, in full on Dec. 1.

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

To be redeemed are the following bonds:

• $15.55 million of 5.25% bonds due June 1, 2011;

• $19.805 million of 5.25% bonds due June 1, 2012;

• $8.62 million of 5% bonds due June 1, 2018;

• $32.295 million of 5% bonds due June 1, 2020;

• $68 million of 5.5% bonds due June 1, 2022; and

• $204.345 million of 5% bonds due June 1, 2024.

Kaiser Permanente is an Oakland, Calif.-based managed care organization.

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