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Published on 12/12/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Baltimore County, Md., defeases $113.5 million Catholic Health bonds

By Ashley Montgomery

Kansas City, Kan., Dec. 12 - Baltimore County, Md., defeased $113.5 million of its series 2006A Catholic Health Initiatives revenue bonds, according to a notice.

The following bonds are affected:

• $5.13 million of 5% bonds due Sept. 1, 2016;

• $3.98 million of 4% bonds due Sept. 1, 2017;

• $5.73 million of 5% bonds due Sept. 1, 2018;

• $6.45 million of 5% bonds due Sept. 1, 2019;

• $4.83 million of 5% bonds due Sept. 1, 2020;

• $8.57 million of 5% bonds due Sept. 1, 2021;

• $33.45 million of 5% bonds due Sept. 1, 2026;

• $27.87 million of 4.5% bonds due Sept. 1, 2033; and

• $17.49 million of 5% bonds due Sept. 1, 2036.

Wells Fargo Bank, NA is the bond trustee.


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