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Published on 12/20/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Hospital Authority of Savannah, Ga., calls $47.51 million of St. Joseph's/Candler bonds

By Tali David

Minneapolis, Dec. 20 - Hospital Authority of Savannah, Ga., called $47,505,000 of its St. Joseph's/Candler Health System, Inc. revenue bonds, series 1998A and 1998B, according to a news release.

The authority will redeem $4,105,000 of its 5% 1998A bonds due July 1, 2018 and $12,185,000 of its 5% 1998A bonds due July 1, 2023 at par plus accrued interest on Jan. 1.

The authority will redeem $7,915,000 of its 5% 1998B bonds due July 1, 2018 and $23.3 million of its 5% 1998B bonds due July 1, 2023 at par plus accrued interest on Jan. 1.

Regions Bank is the trustee.

Both hospitals are in Savannah, Ga.


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