North Carolina Medical calls $71.25 million Presbyterian Homes bonds

By Marisa Wong

Madison, Wis., Sept. 1 - North Carolina Medical Care said it will redeem $71.245 million of its series 2001 Presbyterian Homes, Inc. Project commission health care facilities first mortgage revenue bonds in full on Oct. 1.

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

To be redeemed are the following bonds:

• $1.625 million of 6.125% bonds due Oct. 1, 2011;

• $1.725 million of 6.125% bonds due Oct. 1, 2012;

• $21.835 million of 6.875% bonds due Oct. 1, 2021; and

• $46.06 million of 7% bonds due Oct. 1, 2031.

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