Clackamas County, Ore., authority's $113.49 million Legacy Health System bonds redeemed May 6

By Marisa Wong

Madison, Wis., May 9 - The Hospital Facility Authority of Clackamas County, Ore., redeemed its $113.485 million of series 2001 Legacy Health System refunding revenue bonds on May 6, according to a notice.

The authority previously gave notice that it would redeem the bonds on May 9.

The bonds were redeemed at 101 plus accrued interest to the redemption date.

Affected were the following bonds:

• $5.325 million of 5.75% bonds due May 1, 2012;

• $5.76 million of 5.75% bonds due May 1, 2013;

• $5.83 million of 5.75% bonds due May 1, 2014;

• $6.71 million of 5.75% bonds due May 1, 2015;

• $7.6 million of 5.75% bonds due May 1, 2016; and

• $82.26 million of 5.75% bonds due May 1, 2021.

Based in Portland, Ore., the health system operates inpatient, outpatient and specialty health-care facilities. The authority has headquarters in Salem, Ore., and provides low-cost funding for charities and nonprofit organizations.

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