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Published on 9/29/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Washington Health Care calls $66.21 million Seattle Children's bonds

By Marisa Wong

Madison, Wis., Sept. 29 - Washington Health Care Facilities Authority will redeem its $66.21 million of outstanding Children's Hospital and Regional Medical Center series 2001 revenue bonds on Oct. 1, according to a revised notice.

The authority previously said that it would redeem $61.475 million of the bonds.

The authority will redeem the following bonds at par:

• $4.355 million of 5.375% bonds due Oct. 1, 2014;

• $100,000 of 4.6% bonds due Oct. 1, 2016;

• $4.735 million of 5.375% bonds due Oct. 1, 2016;

• $100,000 of 4.8% bonds due Oct. 1, 2018;

• $5.27 million of 5.375% bonds due Oct. 1, 2018;

• $9.145 million of 5% bonds due Oct. 1, 2021; and

• $42.505 million of 5.125% bonds due Oct. 1, 2031.

The Olympia, Wash.-based authority provides funding for the construction of health care facilities in the state. The children's hospital changed its name to Seattle Children's in 2008.


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