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Published on 10/23/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Loma Linda, Calif., calls all 2005A university medical center bonds

By Tali Rackner

Norfolk, Va., Oct. 23 – The City of Loma Linda, Calif., plans to redeem all of its series 2005A hospital revenue bonds issued for the Loma Linda University Medical Center, according to a notice.

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

• $13.3 million of 5% bonds due Dec. 1, 2016;

• $13.97 million of 5% bonds due Dec. 1, 2017;

• $11,665,000 of 5% bonds due Dec. 1, 2018;

• $3 million of 4.5% bonds due Dec. 1, 2018;

• $15.39 million of 5% bonds due Dec. 1, 2019;

• $16,155,000 of 5% bonds due Dec. 1, 2020;

• $16.96 million of 5% bonds due Dec. 1, 2021;

• $17.81 million of 5% bonds due Dec. 1, 2022; and

• $18.7 million of 5% bonds due Dec. 1, 2023.

U.S. Bank NA is the trustee or agent.


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