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Jefferson Parish Hospital District, La., calls outstanding 2008B bonds
By Marisa Wong
Madison, Wis., Sept. 23 - Jefferson Parish Hospital District No. 1 of Louisiana said that it will defease and redeem all of its outstanding series 2008B bonds on Oct. 13.
The affected bonds include $16.795 million of outstanding 3.42% 2008B-1 bonds due Jan. 1, 2019 and $35 million of outstanding 3.42% 2008B-2 bonds due Jan. 1, 2034.
The bonds will be redeemed at par plus accrued interest up to the redemption date.
The defeasance and redemption will be funded using proceeds from the district's recent issue of 2011A revenue and refunding bonds.
The Bank of New York Mellon Trust Co., NA is the trustee.
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