Maryland Health calls portion of 2007B King Farm Presbyterian bonds

By Marisa Wong

Madison, Wis., Sept. 1 - Maryland Health and Higher Educational Facilities Authority gave notice that it will redeem $7 million of its $120 million series 2007B King Farm Presbyterian Retirement Community revenue bonds on Sept. 21.

The bonds, which are due Jan. 1, 2017, will be redeemed at par plus accrued interest to the redemption date.

The Bank of New York Mellon is the trustee for the bonds.

The Baltimore-based authority helps hospitals and related health care organizations and higher educational institutions finance certain approved projects.

King Farm is a community located in Rockville, Md.

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