University of Michigan calls $139.82 million of hospital revenue bonds

By Tali David

Minneapolis, Dec. 26 - The Regents of the University of Michigan will redeem $139.82 million of its series 2005A, 2007A and 2007B variable-rate hospital revenue bonds in full, according to multiple notices.

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

• $69,315,000 of 2005A bonds due Dec. 1, 2035;

• $26,195,000 of 2007A bonds due Dec. 1, 2017; and

• $44.31 million of 2007B bonds due Dec. 1, 2037.

The Bank of New York Mellon Trust Co., NA is the trustee or agent.

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