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Published on 12/21/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California calls $159.48 million of its Cedars-Sinai revenue bonds

By Tali David

Minneapolis, Dec. 21 - California Health Facilities Financing Authority called $159,475,000 of its Cedars-Sinai Medical Center insured revenue bonds, series 1997A and 1997B, according to a press release.

The authority will redeem the following 1997A bonds at par on Jan. 20:

• $265,000 of its 5% bonds;

• $22.56 million of its 5.125% bonds; and

• $78.31 million of its 5.25% bonds.

The authority will redeem the following 1997B bonds at par, also on Jan. 20:

• $895,000 of its 5% bonds;

• $9,055,000 of its 5.125% bonds; and

• $48.39 million of its 5.125% bonds.

Cedars-Sinai is in Los Angeles.


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