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Published on 11/30/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Massachusetts Health to redeem $110.93 million revenue bonds Jan. 1

By Melissa Kory

Cleveland, Nov. 30 - The Massachusetts Health and Educational Facilities Authority said it will redeem its $110.925 million of series A Caritas Christi Obligated Group revenue bonds.

The redemption includes:

• $39.015 million of 5.7% bonds due July 1, 2015;

• $47.37 million of 5.625% bonds due July 1, 2020; and

• $24.54 million of 5.75% bonds due July 1, 2028.

The bonds will be redeemed in full on Jan. 1 at par plus accrued interest to the redemption date.

U.S. Bank NA is the redemption agent.

The authority is based in Boston.


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