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Published on 7/18/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Harris County Health, Texas, calls $99.84 million St. Luke's bonds

By Melissa Kory

Cleveland, July 18 - Harris County Health Facilities Development Corp. of Texas said it will redeem its $99.835 million of St. Luke's Episcopal Hospital series 2001 revenue bonds.

The bonds will be redeemed on Aug. 15 at par plus accrued interest to the redemption date.

The bonds affected include:

• $4.375 million of 5.5% bonds due Feb. 15, 2012;

• $4.625 million of 5.625% bonds due Feb. 15, 2013;

• $5 million of 5.625% bonds due Feb. 15, 2014;

• $5.18 million of 5.625% bonds due Feb. 15, 2015;

• $5.48 million of 5.625% bonds due Feb. 15, 2016;

• $5.795 million of 5.625% bonds due Feb. 15, 2017;

• $6.135 million of 5.625% bonds due Feb. 15, 2018;

• $6.485 million of 5.5% bonds due Feb. 15, 2019;

• $6.85 million of 5.5% bonds due Feb. 15, 2020;

• $7.24 million of 5.5% bonds due Feb. 15, 2021; and

• $42.67 million of 5.375% bonds due Feb. 15, 2026.

Bank of New York Mellon is the redemption agent.


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