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Published on 5/23/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Maryland Health and Higher Education calls some Kennedy Krieger bonds

By Marisa Wong

Madison, Wis., May 23 - Maryland Health and Higher Educational Facilities Authority said it will redeem $600,000 of its $52.125 million Kennedy Krieger series 2006 revenue bonds due July 1, 2036.

The variable-rate bonds will be redeemed on July 1 at par plus accrued interest to the redemption date.

The Baltimore-based authority helps nonprofit hospitals and health care organizations as well as private non-collegiate and higher education institutions in the construction, financing and refinancing of certain projects.

Kennedy Krieger is a Baltimore-based institute specializing in research on and patient care and special education for children and adolescents with pediatric developmental disabilities.


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