University of Alabama calls $131.45 million Birmingham Hospital bonds

By Marisa Wong

Madison, Wis., July 26 - The board of trustees of the University of Alabama said the issuer will redeem its $131.45 million of outstanding series 2000A University of Alabama at Birmingham Hospital revenue bonds in full on Sept. 1.

The bonds will be redeemed at 101 plus accrued interest up to the redemption date.

To be redeemed are the following bonds:

• $3.42 million of 5.3% bonds due Sept. 1, 2011;

• $3.6 million of 5.375% bonds due Sept. 1, 2012;

• $3.795 million of 5.4% bonds due Sept. 1, 2013;

• $4 million of 5.5% bonds due Sept. 1, 2014;

• $4.22 million of 5.5% bonds due Sept. 1, 2015;

• $4.45 million of 5.625% bonds due Sept. 1, 2016;

• $20.495 million of 5.75% bonds due Sept. 1, 2020; and

• $87.47 million of 5.875% bonds due Sept. 1, 2031.

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