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MultiCare Health System of Washington to convert $307.5 million series 2004, 2007 revenue bonds
By Sheri Kasprzak
New York, April 28 - The MultiCare Health System of Washington State plans to convert $307.5 million of its series 2004A, 2004B, 2004C, 2007A and 2007B revenue bonds, a notice of a conversion said Monday.
The bonds being converted include $50 million in series 2004A bonds, $50 million in series 2004B bonds, $50 million in series 2004C bonds, $78.725 million in series 2007A bonds and $78.725 million in series 2007B bonds.
All of the bonds are being converted to a fixed-rate mode from an auction-rate mode on May 15.
Merrill Lynch is the remarketing agent.
The bonds were sold through the Washington Health Care Facilities Authority.
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