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Salt Lake City calls some 1991 IHC Hospitals revenue refunding bonds
By Marisa Wong
Madison, Wis., April 11 - Salt Lake City gave notice that it will redeem portions of its IHC Hospitals, Inc. hospital revenue refunding bonds, series 1991, on May 15.
The bonds will be redeemed at par plus accrued interest to the redemption date.
To be redeemed are the following bonds:
• $200,000 of $3.4 million periodic auction reset securities;
• $200,000 of $3.4 million inverse floating-rate securities; and
• $2.6 million of $55.8 million linked period auction reset securities/inverse floating-rate securities.
Zions First National Bank is the trustee.
IHC is a Salt Lake City-based health care organization.
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