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Published on 12/15/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Memorial Hermann calls hospital bonds issued by Harris County, Texas

By Marisa Wong

Madison, Wis., Dec. 15 - Memorial Hermann Healthcare System gave notice that all $71 million of 1997B adjustable-rate hospital revenue bonds due June 1, 2024 issued by Harris County Healthcare Facilities Development Corp. will be redeemed on Dec. 22.

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

Based in Houston, the corporation provides loans to nonprofit educational and other organizations. Memorial Hermann is also based in Houston.


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