North Carolina Medical defeases $128.42 million of Cape Fear bonds

By Tali David

Minneapolis, Sept. 21 - The North Carolina Medical Care Commission defeased $128.42 million of its Cape Fear Valley Health System series 2008C health care facilities revenue bonds, according to a notice.

The following bonds will be redeemed par plus accrued interest on Oct. 1, 2013:

• $1,365,000 of 3.8% bonds due Oct. 1, 2013;

• $7.03 million of 4% bonds due Oct. 1, 2014;

• $7.32 million of 4.1% bonds due Oct. 1, 2015;

• $7,635,000 of 4.3% bonds due Oct. 1, 2016;

• $7,975,000 of 4.45% bonds due Oct. 1, 2017;

• $8,345,000 of 4.6% bonds due Oct. 1, 2018;

• $8,745,000 of 4.75% bonds due Oct. 1, 2019;

• $39.85 million of 5.25% bonds due Oct. 1, 2023;

• $17,745,000 of 5.5% bonds due Oct. 1, 2028; and

• $22.41 million of 5.625% bonds due Oct. 1, 2033.

Bank of New York Mellon is the redemption agent.

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