North Carolina Medical calls $4.9 million of revenue refunding bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 7 - North Carolina Medical Care Commission said it will redeem $4.9 million of its series 2008A-1, 2008A-2 and 2008B2 University Health Systems of Eastern California health care facilities revenue refunding bonds.

The bonds will be redeemed at par plus accrued interest to Dec. 7, the redemption date.

The following bonds are affected:

• $1.685 million of variable-rate series 2008 B2 bonds due Dec. 1, 2036;

• $1.605 million of variable-rate series 2008A-1 bonds due Dec. 1, 2028; and

• $1.61 million of variable-rate series 2008A-2 bonds due Dec. 1, 2028.

U.S. Bank, NA is the trustee.

The Raleigh, N.C.-based commission issues tax-exempt revenue bonds to finance construction and equipment projects for hospitals, nursing homes and continuing care facilities.

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