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Published on 1/18/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York City Health and Hospitals calls $137.76 million health bonds

By Ashley Montgomery

Kansas City, Kan., Jan. 18 - New York City Health and Hospitals Corp. said it will redeem $137,755,000 of its outstanding 2002 series A health system bonds on Feb. 15.

The redemption price will be at par.

The following bonds are affected:

• $1.3 million of bonds due 2013;

• $4.93 million of bonds due 2013;

• $8.29 million of bonds due 2014;

• $1.4 million of bonds due 2015;

• $7,255,000 of bonds due 2015;

• $1.3 million of bonds due 2016;

• $7,815,000 of bonds due 2016;

• $1.02 million of bonds due 2017;

• $8.55 million of bonds due 2017;

• $570,000 of bonds due 2018;

• $9.55 million of bonds due 2018;

• $770,000 of bonds due 2019;

• $9,875,000 of bonds due 2019;

• $11,255,000 of bonds due 2020;

• $11,815,000 of bonds due 2021;

• $12,375,000 of bonds due 2022;

• $13,025,000 of bonds due 2023;

• $18.5 million of bonds due 2026; and

• $8.16 million of bonds due 2026.

Manufacturers and Traders Trust Co. is the trustee.


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