Salt Lake City calls some 1991 IHC Hospitals revenue refunding bonds

By Tali David

Minneapolis, April 9 - Salt Lake City plans to redeem portions of its IHC Hospitals, Inc. hospital revenue refunding bonds, series 1991, according to a news release.

The following bonds will be redeemed at par plus accrued interest on May 15:

• $200,000 of $3.2 million periodic auction reset securities;

• $200,000 of $3.2 million inverse floating-rate securities; and

• $2.8 million of $53.2 million linked period auction reset securities/inverse floating-rate securities.

Zions First National Bank is the trustee.

IHC is a Salt Lake City-based health care organization.

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