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Published on 7/21/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Washington Health Care Facilities defeases series 2001A revenue bonds

By Marisa Wong

Madison, Wis., July 21 - Washington Health Care Facilities Authority said it defeased its outstanding series 2001A revenue bonds on July 13.

The defeased bonds included the following:

• $350,000 of 4.8% bonds due Oct. 1, 2012;

• $7.455 million of 5.5% bonds due Oct. 1, 2012;

• $7.815 million of 5.5% bonds due Oct. 1, 2013;

• $665,000 of 5% bonds due Oct. 1, 2014;

• $8.185 million of 5.625% bonds due Oct. 1, 2014;

• $375,000 of 5.1% bonds due Oct. 1, 2015;

• $8.635 million of 5.625% bonds due Oct. 1, 2015;

• $25,000 of 5.2% bonds due Oct. 1, 2016;

• $170,000 of 5.25% bonds due Oct. 1, 2017;

• $18.725 million of 5.125% bonds due Oct. 1, 2017;

• $1.07 million of 5.4% bonds due Oct. 1, 2021; and

• $44.165 million of 5.25% bonds due Oct. 1, 2021.

U.S. Bank NA is the agent.

The Olympia, Wash.-based authority provides funding for the construction of health care facilities in the state.


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