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Published on 3/23/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Murray City, Utah, calls some IHC Health Services 2005 hospital bonds

By Marisa Wong

Madison, Wis., March 23 - Murray City, Utah, gave notice that it will redeem portions of its IHC Health Services, Inc. variable-rate demand hospital revenue bonds, series 2005A, 2005B, 2005C and 2005D, on May 15.

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

To be redeemed are the following bonds:

• $1 million of $61.5 million of outstanding 2005A bonds due May 15, 2037;

• $1 million of $61.5 million of outstanding 2005B bonds due May 15, 2037;

• $1 million of $61.5 million of outstanding 2005C bonds due May 15, 2037; and

• $1 million of $61.5 million of outstanding 2005D bonds due May 15, 2037.

Zions First National Bank is the trustee.

IHC is a Salt Lake City-based health-care system.


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