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Published on 3/3/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Idaho Health defeases Trinity Health revenue and refunding bonds

By Tali Rackner

Norfolk, Va., March 3 – The Idaho Health Facilities Authority defeased some of its revenue and refunding bonds issued for the Trinity Health Credit Group, according to multiple notices.

The following 2006A bonds will be redeemed at par plus accrued interest on Dec. 1, 2016:

• $31,445,000 of bonds due Dec. 1, 2026.

The following 2008A-1 bonds will be redeemed at par plus accrued interest on Dec. 1, 2018:

• $34,515,000 of bonds due Dec. 1, 2023;

• $22,825,000 of bonds due Dec. 1, 2028; and

• $77.18 million of bonds due Dec. 1, 2033.

The following 2008B bonds will be redeemed at par plus accrued interest on Dec. 1, 2018:

• $41.26 million of bonds due Dec. 1, 2023;

• $45,415,000 of bonds due Dec. 1, 2028; and

• $61,665,000 of bonds due Dec. 1, 2033.

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


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