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Published on 10/11/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Wisconsin Health defeases $9.07 million of series 2003 revenue bonds

By Devika Patel

Knoxville, Tenn., Oct. 11 - The Wisconsin Health & Educational Facilities Authority announced that it defeased and will redeem $9.07 million of its $112.63 million of issued series 2003 hospital revenue bonds on Feb. 15, 2013.

The bonds, which were issued for Gundersen Lutheran, will be redeemed at par plus interest.

The affected bonds include

• $1.92 million of notes due Feb. 15, 2012;

• $1.98 million of notes due Feb. 15, 2013;

• $2.05 million of notes due Feb. 15, 2014;

• $2.13 million of notes due Feb. 15, 2015; and

• $1 million of notes due Feb. 15, 2016.

U.S. Bank NA is the trustee.


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