Lorain County, Ohio calls $86.35 million hospital improvement bonds

By Toni Weeks

San Diego, Sept. 1 - Lorain County, Ohio said it will redeem $86.345 million of its outstanding series 2001A hospital facilities revenue refunding and improvement bonds (Catholic Healthcare Partners) on Oct. 1.

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

To be redeemed are the following bonds:

• $11.8 million of 5.625% bonds due Oct. 1, 2012;

• $11.81 million of 5.625% bonds due Oct. 1, 2013;

• $12.135 million of 5.625% bonds due Oct. 1, 2014;

• $12.35 million 5.625% bonds due Oct. 1, 2015;

• $12.425 million 5.625% bonds due Oct. 1, 2016;

• $12.76 million of 5.625% bonds due Oct. 1, 2017; and

• $13.065 million of 5.75% bonds due Oct. 1, 2018.

The Bank of New York Mellon Trust Co., NA (800 254-2826) is the redemption agent.

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