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Published on 1/14/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

North Carolina Medical calls $61.6 million Moses Cone Hospital bonds

By Marisa Wong

Madison, Wis., Jan. 14 - The North Carolina Medical Care Commission said that it will redeem its $61.6 million of outstanding Moses H. Cone Memorial Hospital Project series 1993 hospital revenue bonds due Oct. 1, 2023 on Feb. 16.

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

The Bank of New York Mellon Trust Co., NA is the bond registrar. Branch Banking and Trust Co. is the trustee.

The hospital is based in Greensboro, N.C.


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