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Published on 2/1/2010 in the Prospect News Municipals Daily.

Ascension Health to refund Michigan State Hospital Finance bonds

By Marisa Wong

Milwaukee, Feb. 1 - Ascension Health gave notice that it plans to refund all or a portion of Ascension Health Credit Group revenue bonds issued by the Michigan State Hospital Finance Authority.

Ascension Health expects to refund the bonds around March 25.

Affected are the $55.095 million outstanding series 1999A bonds, the $166.175 million outstanding 1999B-1 and 1999B-2 bonds and the $525.4 million outstanding 2008B-1 through 2008B-8 bonds. Ascension may plan to refund additional series.


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