University of Kansas Hospital defeases $107.42 million revenue bonds

By Tali Rackner

Norfolk, Va., April 17 – The University of Kansas Hospital Authority defeased $107.42 million of its series 2006 health facilities refunding and improvement revenue bonds issued for the KU Health System, according to a Rule 15c2-12 filing with the Securities and Exchange Commission.

The following will be redeemed at par plus accrued interest on Sept. 1, 2016:

• $235,000 of 5% bonds due Sept. 1, 2017;

• $315,000 of 5% bonds due Sept. 1, 2018;

• $300,000 of 5% bonds due Sept. 1, 2019;

• $290,000 of 5% bonds due Sept. 1, 2020;

• $280,000 of 5% bonds due Sept. 1, 2021;

• $270,000 of 5% bonds due Sept. 1, 2022;

• $365,000 of 5% bonds due Sept. 1, 2023;

• $365,000 of 5% bonds due Sept. 1, 2024;

• $375,000 of 5% bonds due Sept. 1, 2025;

• $4,135,000 of 5% bonds due Sept. 1, 2026;

• $50,635,000 of 4.5% bonds due Sept. 1, 2032; and

• $49,855,000 of 5% bonds due Sept. 1, 2036.

UMB, NA, Kansas City, is the escrow agent.

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