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Published on 11/16/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Colorado Health calls some Sisters of Charity of Leavenworth bonds

By Marisa Wong

Madison, Wis., Nov. 16 - Colorado Health Facilities Authority said that it will redeem portions of its outstanding Sisters of Charity of Leavenworth Health System variable-rate demand revenue bonds, series 2002, 2003A and 2003B, on Dec. 1.

The affected bonds will be redeemed at par plus accrued interest to the redemption date.

The bonds to be redeemed include the following:

• $2 million of $63.8 million of 2002 bonds due Dec. 1, 2032;

• $1.32 million of $32.04 million of 2003A bonds due Dec. 1, 2038; and

• $1.675 million of $40.67 million of 2003B bonds due Dec. 1, 2038.

The Denver-based authority is a financing vehicle for public and nonprofit health care institutions. Sisters of Charity is a Catholic health care system with facilities in California, Colorado, Kansas and Montana and is based in Leavenworth, Kan.


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