South Carolina Jobs to redeem all 2000 Palmetto Health Alliance bonds

By Marisa Wong

Madison, Wis., Nov. 15 - The South Carolina Jobs-Economic Development Authority said it will redeem its outstanding series 2000 Palmetto Health Alliance hospital improvement revenue bonds in full on Dec. 15.

The bonds will be redeemed at 102 plus accrued interest to the redemption date.

To be redeemed are $39.6 million of 7.125% bonds due Dec. 15, 2015 and $72.46 million of 7.375% bonds due Dec. 15, 2021.

Based in Columbia, S.C., Palmetto owns and operates hospitals, clinics and hospice facilities throughout the state.

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