Arizona accepts tenders for $255 million of Phoenix Children's bonds

By Tali David

Minneapolis, Aug. 22 - Arizona Health Facilities Authority said holders tendered $225 million of its Phoenix Children's Hospital revenue bonds by the end of the authority's tender offer at 5 p.m. ET on Aug. 20, according to a press release.

The authority will purchase $30 million of series 2007A bonds at 99, $105 million of series 2007B bonds at 98.8 and $90 million of 2007C bonds at 97.9. All of the bonds will be purchased on Sept. 6.

The tender offer was for up to $450 million of the bonds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.