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Published on 11/22/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California Health to redeem $72.03 million of Sutter Health bonds

By Tali David

Minneapolis, Nov. 22 - California Health Facilities Financing Authority will redeem $72.025 million of its Sutter Health series 1999A insured revenue bonds, according to a press release.

The following notes will be redeemed at par on Dec. 11:

• $5.665 million of 5% notes due Aug. 15, 2018;

• $5.95 million of 5% notes due Aug. 15, 2019; and

• $60.41 million of 5.35% notes due Aug. 15, 2028.

The authority is based in Sacramento. Sutter Health is a Sacramento-based group of doctors and hospitals in Northern California.


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