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Published on 1/20/2016 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Montgomery Medical, Ala., calls $91.02 million Jackson Hospital bonds

By Tali Rackner

Norfolk, Va., Jan. 20 – The Montgomery Medical Clinic Board of Alabama called all $91.02 million of its series 2006 health care facility revenue bonds issued for the Jackson Hospital and Clinic, according to a notice.

The following will be redeemed at par plus accrued interest on March 1:

• $15,115,000 of 5.125% bonds due March 1, 2021;

• $19.34 million of 4.75% bonds due March 1, 2026;

• $14,585,000 of 5.25% bonds due March 1, 2031;

• $10.13 million of 4.75% bonds due March 1, 2031;

• $21,655,000 of 5.25% bonds due March 1, 2036; and

• $10,195,000 of 4.75% bonds due March 1, 2036.

Regions Bank is the trustee.


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