Massachusetts HEFA may refund two series of Tufts Medical Center bonds

By Marisa Wong

Madison, Wis., Jan. 10 - Tufts Medical Center, Inc. said that it is evaluating the refunding and redemption of all or a portion of the New England Medical Center Hospitals revenue bonds issued by the Massachusetts Health and Educational Facilities Authority on its behalf.

Considered for refunding are $43.975 million of the authority's $141.96 million of series G bonds due 2013, 2018 and 2024 and $44.135 million of the authority's $119.565 million of series H bonds due 2013, 2022 and 2025.

Tufts Medical Center is located in Boston and is the principal teaching hospital for Tufts University.

The health and educational facilities authority has merged into MassDevelopment, Massachusetts' finance and development authority.

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