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Published on 6/15/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

District of Columbia calls portion of Children's Hospital 2005 bonds

By Marisa Wong

Milwaukee, June 15 - The District of Columbia plans to redeem portions of its outstanding Children's Hospital Obligated Group hospital revenue bonds, series 2005-1, 2005-2 and 2005-3, on July 15.

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

To be redeemed are the following bonds:

• $500,000 of $50 million of outstanding series 2005-1 5.45% bonds due July 15, 2035;

• $450,000 of $50 million of outstanding series 2005-2 5.45% bonds due July 15, 2035; and

• $500,000 of $50 million of outstanding series 2005-3 5.45% bonds due July 15, 2035.


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