North Carolina Medical calls 2006A, 2006B Duke University Health bonds

By Marisa Wong

Madison, Wis., Sept. 7 - North Carolina Medical Care Commission said it will redeem its outstanding series 2006A and 2006B Duke University Health System health care facilities revenue bonds on Oct. 6.

The affected bonds include $63.205 million of 2006A bonds due June 1, 2039 and $63.21 million of 2006B bonds due June 1, 2039.

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

The Bank of New York Mellon Trust Co., NA is the trustee.

The Raleigh, N.C.-based commission issues tax-exempt revenue bonds to finance construction and equipment projects for hospitals, nursing homes and continuing care facilities. Duke University Health System includes the Duke University School of Medicine, the Duke University School of Nursing and other member clinics and hospitals and is based in Durham, N.C.

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