Missouri HEFA's Children's Mercy Hospital bonds have mandatory tender

By Marisa Wong

Madison, Wis., Dec. 6 - The Health and Educational Facilities Authority of the State of Missouri said that its Children's Mercy Hospital variable-rate demand health facilities revenue bonds, series 2008A and 2008B, are subject to a mandatory tender for purchase on Dec. 21.

The bonds will be purchased at par plus accrued interest to the purchase date.

Affected are $46 million of 2008A bonds and $25.55 million of 2008B bonds.

The mandatory tender is contingent upon the remarketing of the bonds in another interest rate mode.

Commerce Bank, NA is the trustee.

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