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Published on 3/21/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Lucas County, Ohio, calls $62.5 million ProMedica hospital bonds

By Marisa Wong

Madison, Wis., March 21 - The County of Lucas, Ohio, said it will redeem its $62.5 million of ProMedica Healthcare Obligated Group hospital revenue bonds, series 2008A, on March 31.

The bonds, which are due Nov. 15, 2034, will be redeemed at par plus accrued interest to the redemption date.

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

ProMedica is a Toledo, Ohio-based healthcare system.


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