University of Michigan calls $3.59 million of hospital revenue bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 2 - The Regents of the University of Michigan will redeem $3,585,000 of its variable-rate series 2005B hospital revenue bonds due Dec. 1, 2025, according to a notice.

The bonds will be redeemed on Dec. 3 at par plus accrued interest to the redemption date.

Following the redemption, $58,315,000 of the bonds will remain outstanding.

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

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