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Published on 11/10/2009 in the Prospect News Municipals Daily.

Alabama Public School & College calls four series of 1998, 1999 bonds

By Marisa Wong

Milwaukee, Nov. 10 - The Alabama Public School and College Authority gave notice that it will redeem four series of bonds, with outstanding amounts totaling $609.89 million, on Nov. 25.

The bonds will be redeemed at their redemption prices, plus accrued interest up to the redemption date.

All $190.36 million of the authority's outstanding capital improvement bonds, series 1998, which mature on Nov. 1 in the years 2010 through 2016, will be redeemed at 101.

The authority will redeem all $18.36 million of its outstanding tax-exempt special obligation bonds, series 1999-A, at 101.

All $250 million of its outstanding capital improvement bonds, series 1999-C, will be redeemed at 101.5.

And, the school and college authority will redeem all $151.17 million of its capital improvement pool bonds, series 1999-D, at 101.5.


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