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Published on 9/19/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Dasny calls $67.81 million of Kaleida Health hospital revenue bonds

By Ashley Montgomery

Kansas City, Kan., Sept. 19 - Dormitory Authority of the State of New York has defeased and will redeem $67,805,000 of its series 2004 FHA-insured Kaleida Health mortgage hospital revenue bonds, according to a notice.

The bonds will be redeemed on Feb. 15, 2014 at par plus accrued interest to the redemption date.

The following bonds are affected:

• $2,125,000 of 4.1% bonds due Feb. 15, 2013;

• $2,175,000 of 4.1% bonds due Aug. 15, 2013;

• $2,215,000 of 4.2% bonds due Feb. 15, 2014;

• $2,265,000 of 4.2% bonds due Aug. 15, 2014; and

• $59,125,000 of 5.05% bonds due Feb. 15, 2025.

Bank of New York Mellon is the trustee.

Kaleida is a health care provider based in Buffalo, N.Y.


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