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Published on 12/6/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Arizona Health Facilities calls portions of Banner Health 2008 bonds

By Marisa Wong

Madison, Wis., Dec. 6 - The Arizona Health Facilities Authority said it will redeem portions of its Banner Health revenue bonds, series 2008B, C, E, F, G and H, on Jan. 3.

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

Affected are the following bonds:

• $1.7 million of $95.425 million of 2008B bonds due Jan. 1, 2035;

• $1.7 million of $95.425 million of 2008C bonds due Jan. 1, 2035;

• $1.565 million of $122.16 million of 2008E bonds due Jan. 1, 2029;

• $1.26 million of $100.08 million of 2008F bonds due Jan. 1, 2029;

• $1.185 million of $94.445 million of 2008G bonds due Jan. 1, 2029; and

• $925,000 of $73.79 million of variable-rate 2008H bonds due Jan. 1, 2029.

Banner is a Phoenix-based nonprofit health care system.


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