Johnson City, Tenn., to redeem $151.21 million Mountain States bonds

By Devika Patel

Knoxville, Tenn., April 6 - The Health and Educational Facilities Board of the City of Johnson City, Tenn., announced that it will redeem $91.685 million of its series 2007A Mountain States Health Alliance hospital revenue bonds and $59.525 million of its series 2008A Mountain States Health Alliance hospital revenue bonds at par plus accrued interest to May 3, the redemption date.

The Bank of New York Mellon (800 254-2826) is the trustee.

The health-care system is based in Johnson City, Tenn.

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