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Alaska Industrial calls $69.96 million Snettisham power revenue bonds
By Tali Rackner
Norfolk, Va., Aug. 26 – The Alaska Industrial Development and Export Authority called all $69,955,000 of its power revenue bonds, first series, issued for the Snettisham Hydroelectric project, according to a notice.
The following will be redeemed at par plus accrued interest on Sept. 25:
• $2.23 million of 5.5% bonds due Jan. 1, 2016;
• $2.35 million of 5.5% bonds due Jan. 1, 2017;
• $7.85 million of 5.35% bonds due Jan. 1, 2020;
• $5.96 million of 5.25% bonds due Jan. 1, 2022;
• $17,765,000 of 5% bonds due Jan. 1, 2027; and
• $33.8 million of 5.375% bonds due Jan. 1, 2034.
U.S. Bank NA is the trustee and paying agent.
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