Hawaii Budget and Finance calls $12.94 million Queens Health bonds

By Tali David

Minneapolis, June 4 - The Department of Budget and Finance of the State of Hawaii said it will redeem $12,935,000 of its Queens Health Systems special-purpose revenue bonds.

The following bonds will be redeemed at par plus accrued interest on July 1:

• $1,325,000 of 2003 series A bonds due July 1, 2029;

• $1.35 million of 2003 series B bonds due July 1, 2029;

• $2.35 million of 2006 series A bonds due July 1, 2025;

• $4.75 million of 2006 series B bonds due July 1, 2024;

• $1.58 million of 2009 series A bonds due July 1, 2029; and

• $1.58 million of 2009 series B bonds due July 1, 2029.

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

The finance department and the health system are both based in Honolulu.

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