Medical University Hospital, S.C., defeases $386.24 million 2004 bonds

By Tali David

Minneapolis, Dec. 20 - The Medical University Hospital Authority of South Carolina defeased its $386,235,000 of series 2004 FHA insured mortgage hospital facilities and refunding revenue bonds, according to a Rule 15c2-12 filed with the Securities and Exchange Commission.

The bonds will be redeemed par plus accrued interest on Aug. 15, 2014.

The following series A bonds will be redeemed:

• $6.46 million of 5.25% bonds due Feb. 15, 2020;

• $7.24 million of 5.25% bonds due Aug. 15, 2020;

• $7,435,000 of 5.25% bonds due Feb. 15, 2021;

• $7,625,000 of 5.25% bonds due Aug. 15, 2021;

• $7,825,000 of 5.25% bonds due Feb. 15, 2022;

• $8.03 million of 5.25% bonds due Aug. 15, 2022;

• $8,245,000 of 5.25% bonds due Feb. 15, 2023;

• $8.46 million of 5.25% bonds due Aug. 15, 2023;

• $8.69 million of 5.25% bonds due Feb. 15, 2024;

• $8,915,000 of 5.25% bonds due Aug. 15, 2024;

• $9.15 million of 5.25% bonds due Feb. 15, 2025;

• $9.39 million of 5.25% bonds due Aug. 15, 2025;

• $9.64 million of 4.85% bonds due Feb. 15, 2026;

• $9.87 million of 4.85% bonds due Aug. 15, 2026;

• $10.09 million of 5.25% bonds due Feb. 15, 2027;

• $10,355,000 of 5.25% bonds due Aug. 15, 2027;

• $10.63 million of 5.25% bonds due Feb. 15, 2028;

• $10.92 million of 5.25% bonds due Aug. 15, 2028;

• $59.34 million of 5% bonds due Aug. 15, 2031; and

• $85,655,000 of 5.25% bonds due Aug. 15, 2034.

The following series B bonds will be redeemed:

• $4,945,000 of 4.719% bonds due Feb. 15, 2013;

• $5.06 million of 4.78% bonds due Aug. 15, 2013;

• $5,185,000 of 4.851% bonds due Feb. 15, 2014;

• $5,305,000 of 4.88% bonds due Aug. 15, 2014;

• $5.44 million of 5.01% bonds due Feb. 15, 2015;

• $5,575,000 of 5.01% bonds due Aug. 15, 2015;

• $5,715,000 of 5.13% bonds due Feb. 15, 2016;

• $5,865,000 of 5.13% bonds due Aug. 15, 2016;

• $6,015,000 of 5.23% bonds due Feb. 15, 2017;

• $6,175,000 of 5.23% bonds due Aug. 15, 2017;

• $6.34 million of 5.33% bonds due Feb. 15, 2018;

• $6,505,000 of 5.33% bonds due Aug. 15, 2018;

• $6,685,000 of 5.38% bonds due Feb. 15, 2019;

• $6,865,000 of 5.38% bonds due Aug. 15, 2019; and

• $595,000 of 5.38% bonds due Feb. 15, 2030.

The Bank of New York is the trustee.

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