Health and Educational Authority of Missouri calls $181.6 million of three revenue bond series

By Devika Patel

Knoxville, Tenn., May 6 - The Health and Educational Facilities Authority of the State of Missouri said it will redeem $181.6 million of its series 2005C-1, series 2005C-3 and series 2005D-1 revenue bonds at par plus interest to June 1, the redemption date.

The company is calling all $53.4 million of the 2005C-1 bonds, all $86.1 million of the 2005C-3 bonds and all $42.1 million of the 2005D-1 bonds.

The redemption is conditional upon the trustee having sufficient funds to complete the offer.

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

The authority, based in Chesterfield, Mo., provides access to the capital markets in an effort to lower the cost of health and educational services in Missouri by providing readily available, low-cost financing alternatives for Missouri public and private, non-profit health and educational institutions.

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