Indiana to redeem $85.71 million of Indiana University hospital bonds

By Tali David

Minneapolis, Nov. 23 - Indiana Finance Authority announced that it will redeem $85.71 million of its Indiana University Health Obligated Group hospital revenue bonds, according to a press release.

The company will redeem $64.21 million of its series 2011G bonds due March 1, 2021 and $21.5 million of its series 2011E bonds due March 1, 2036.

The bonds will be called at par plus interest on Dec. 7.

The Bank of New York Mellon Trust Co., NA is the trustee.

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