Montefiore Medical Center calls $2.15 million GNMA revenue bonds

By Tali David

Minneapolis, April 20 - Montefiore Medical Center plans to redeem $2,155,000 of its GNMA collateralized taxable revenue bonds, series 2011, according to a redemption notice.

The 3.896% bonds, which are due May 20, 2027, will be redeemed at par plus accrued interest on May 20.

Following the transaction, $90.16 million on the notes will remain.

The Bank of New York Mellon is the agent.

The university hospital is affiliated with the Albert Einstein College of Medicine and is based in New York.

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