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

North Broward Hospital District, Fla., cancels redemption of 2007 bonds, calls 2005A bonds

By Marisa Wong

Madison, Wis., Dec. 6 - North Broward Hospital District of Florida has rescinded the planned partial redemption of its series 2007 variable-rate refunding revenue bonds due 2027, according to a notice.

The issuer originally planned to redeem $4.89 million of its $115.915 million of 2007 bonds on Jan. 1 at par plus accrued interest to the redemption date.

In another notice, the issuer said it will redeem $2.745 million of its $62.79 million series 2005A variable-rate refunding revenue bonds due 2027 on Jan. 3 at par plus accrued interest to the redemption date.


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