Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Torrance > News item |
Torrance Memorial Medical Center, Calif., bonds have mandatory tender
By Marisa Wong
Madison, Wis., June 10 – City of Torrance, Calif., gave notice that its series 2010B and series 2010C variable-rate Torrance Memorial Medical Center revenue bonds are subject to mandatory tender for purchase on June 16.
The affected bonds include $64.86 million of 2010B bonds due Sept. 1, 2045 and $35.14 million of 2010C bonds due Sept. 1, 2045.
The mandatory tender is due to conversion of the bonds to a Libor index rate period, effective June 16.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.