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Published on 5/8/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California Health might redeem $171.3 million Adventist Health bonds

By Tali Rackner

Norfolk, Va., May 8 – The California Health Facilities Financing Authority said it might redeem $171.3 million of its 2005 series A Adventist Health System/West health facility revenue bonds, according to a notice.

The following bonds are affected:

• $3.85 million of bonds due March 1, 2016;

• $4 million of bonds due March 1, 2017;

• $4.02 million of bonds due March 1, 2018;

• $4,325,000 of bonds due March 1, 2019;

• $4.5 million of bonds due March 1, 2020;

• $19,975,000 of bonds due March 1, 2025;

• $33.3 million of bonds due March 1, 2030; and

• $97.33 million of bonds due March 1, 2035.

The authority is based in Sacramento. Adventist is a health care delivery system.


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