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Published on 1/14/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

South Carolina Jobs calls $225.2 million of Bon Secours Health bonds

By Tali David

Minneapolis, Jan. 14 - The South Carolina Jobs-Economic Development Authority called $225.2 million of its series 2002A Bon Secours Health System, Inc. economic development revenue bonds, according to a redemption notice.

The following bonds will be redeemed at par plus accrued interest on Feb. 11:

• $23.14 million of 5.5% bonds due Nov. 15, 2023;

• $17.42 million of 6% bonds due Nov. 15, 2026; and

• $184.64 million of 5.625% bonds due Nov. 15, 2030.

Wells Fargo Bank, NA is the bond trustee.

The Columbia, S.C.-based authority promotes the business and economic welfare of South Carolina by financing public and private projects. Bon Secours is a health system based in Marriottsville, Md.


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