Methodist Healthcare - Memphis Hospitals Announces Termination of Ten...( NEW YORK April 10 /- Methodist He...),Health
NEW YORK, April 10 /PRNewswire/ -- Methodist Healthcare -- Memphis
Hospitals ("Methodist") announced today that it has terminated the
previously announced tender offer for certain designated maturities of the
Bonds. The tender offer was extended on March 25, 2008 and was set to
expire on April 9, 2008 at 5:00 pm, New York City time. The designated
maturities for which the tender offer will be terminated is applicable to
the following: for the Series 1985C Bonds, the Series 1985C Bonds maturing
in 2014; for the Series 1995 Bonds, all maturities; and for the Series 1998
Bonds, the Series 1998 Bonds maturing in 2011, 2012, 2013 and 2018 (the
"Designated Maturities"). All tendered Bonds will be promptly returned to
holders.
The table below reflects the Designated Maturities that were tendered for:
CUSIP Principal
Number Amount Outstanding Interest Rate Maturity
821692PG9 $8,005,000 5.25% August 1, 2014
821692QQ6 $6,445,000 5.50% August 1, 2012
821692QR4 $7,160,000 5.25% August 1, 2015
821692PW4 $4,265,000 5.00% April 1, 2011
821692PX2 $4,325,000 5.10% April 1, 2012
821692PY0 $4,390,000 5.375% April 1, 2013
821692PZ7 $43,085,000 5.00% April 1, 2018
Methodist is a Tennessee non-profit corporation that owns and operates
four adult acute-care hospitals in the Memphis, Tennessee area (including
Methodist University Hospital, South Hospital, North Hospital, and
Germantown Hospital) and one pediatric acute-care hospital (Le Bonheur
Children's Medical Center) with a combined licensed bed complement of 1,551
acute care beds and 44 skilled nursing beds. Methodist provides a wide
range of inpatient and outpatient services. Methodist is the largest
aff
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| SOURCE Methodist Healthcare Copyright©2008 PR Newswire. All rights reserved |
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