Maryland Health calls all of three Adventist HealthCare bond series

By Marisa Wong

Madison, Wis., Sept. 1 - Maryland Health and Higher Educational Facilities Authority said it will redeem all of its outstanding Adventist HealthCare refunding revenue bonds, series 2003B, series 2004A (tax-exempt) and series 2005B.

The 2003B and 2004A bonds will be redeemed on Oct. 3, and the 2005B bonds will be redeemed on Sept. 21.

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

Manufacturers and Traders Trust Co. is the trustee and agent.

The Baltimore-based authority helps hospitals and related health care organizations and higher educational institutions finance certain approved projects. Adventist is a Rockville, Md.-based not-for-profit health system.

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