Maine Health & Higher Education calls portion of 1998B, 1999A bonds

By Marisa Wong

Milwaukee, April 23 - The Maine Health and Higher Educational Facilities Authority gave notice that it will redeem a portion of its revenue bonds, series 1998B and 1999A, on May 24.

The following 1998B bonds will be redeemed at 100.5, plus accrued interest up to the redemption date:

• $1.475 million of 4.65% bonds due July 1, 2010;

• $11.99 million of 4.875% bonds due July 1, 2017;

• $4.21 million of 5% bonds due July 1, 2019; and

• $4.64 million of 4.875% bonds due July 1, 2023.

The following 1999A bonds will be redeemed at 101, plus accrued interest up to the redemption date:

• $620,000 of 4.45% bonds due July 1, 2010;

• $650,000 of 4.5% bonds due July 1, 2011;

• $675,000 of 4.7% bonds due July 1, 2012;

• $710,000 of 4.75% bonds due July 1, 2013;

• $1.52 million of 4.625% bonds due July 1, 2015;

• $3.505 million of 5% bonds due July 1, 2019;

• $4.28 million of 5.25% bonds due July 1, 2023; and

• $9.885 million of 5% bonds due July 1, 2030.

The authority has its offices in Augusta, Maine, and provides financing for health and educational facilities in the state.

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