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Published on 9/2/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Lorain, Ohio, calls portions of 2002B Catholic Healthcare bonds

By Marisa Wong

Madison, Wis., Sept. 2 - The County of Lorain, Ohio, said that it will redeem portions of its series 2002B1 and 2002B2 Catholic Healthcare Partners adjustable-rate hospital facilities revenue bonds on Oct. 1.

The affected bonds include $3 million of 2002B1 bonds due Oct. 1, 2030 and $3.3 million of 2002B2 bonds due Oct. 1, 2030.

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

Cincinnati-based Catholic Healthcare operates hospitals and other health facilities in Indiana, Kentucky, Ohio, Pennsylvania and Tennessee.


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