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Published on 11/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Louisiana Public Facilities calls $675,000 of its hospital bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 1 - Louisiana Public Facilities Authority said it would redeem $675,000 of its $10.01 million of outstanding 6.25% Lake Charles Memorial Hospital Project series 2007 hospital revenue and refunding bonds due Dec. 1, 2019.

The bonds will be redeemed at par plus accrued interest to the redemption date on Dec. 1.

The authority is based in Baton Rouge, La. It issues taxable and tax-exempt bonds to finance educational facilities, hospitals, student loans, industrial projects and economic development projects.


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