North Carolina Medical defeases, calls $1.74 million Novant bonds

By Melissa Kory

Cleveland, May 3 - North Carolina Medical Care Commission said it defeased $1,735,000 of its $164,325,000 of series 2003A Novant Health Obligated Group health care facilities revenue bonds due Nov. 1, 2020.

The defeased bonds will be redeemed on Nov. 1, 2013 at par.

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

Novant Health is a non-profit health care provider based in Winston-Salem, N.C.

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