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Published on 5/16/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Lake Hospital System, Ohio, to redeem $147.96 million of bonds

By Tali David

Minneapolis, May 16 - Lake Hospital System, Inc. in Ohio plans to redeem $147.96 million of its hospital facilities refunding revenue bonds, series 2002, 2008A and 2008B, according to two redemption notices.

The following notes will be redeemed at par plus accrued interest on June 15:

• $33.76 million of series 2002 bonds due Dec. 1, 2032;

• $56.7 million of series 2008A bonds due Aug. 15, 2041; and

• $57.5 million of series 2008B bonds due Aug. 15, 2041.

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


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