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Published on 5/20/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Virginia Commonwealth calls $212 million of general revenue bonds

By Tali David

Minneapolis, May 20 - Virginia Commonwealth University Health System Authority called $90,225,000 of its series 2005 general revenue bonds and $121,775,000 of its series 2008 tax-exempt adjustable mode general revenue bonds, according to two notices.

The university will redeem $50.95 million of 2005A bonds, $20,775,000 of 2005B bonds and $18.5 million of 2005C bonds at par plus accrued interest on June 19.

The university will also redeem $55 million of 2008A bonds, $32.55 million of 2008B bonds and $34,225,000 of 2008C bonds at par plus accrued interest on June 19.

U.S. Bank NA is the trustee.

Virginia Commonwealth is a university based in Richmond, Va.


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