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Published on 7/23/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Royal Oak, Mich., Hospital Finance calls all $82.68 million William Beaumont Hospital bonds

By Marisa Wong

Madison, Wis., July 23 - The City of Royal Oak Hospital Finance Authority in Michigan said that it will redeem all $82.675 million of its outstanding series 2003P William Beaumont Hospital Obligated Group hospital revenue refunding bonds on Aug. 3.

The variable-rate bonds, which are due Nov. 15, 2035, will be redeemed at par plus accrued interest up to the redemption date.


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