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Published on 12/6/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Municipal Electric, Ga., calls $45.24 million of series W and Z bonds

By Tali David

Minneapolis, Dec. 6 - The Municipal Electric Authority of Georgia called $45.24 million of its revenue bonds in full, according to two redemption notices.

The authority will redeem $11.07 million of its 6.6% series W power revenue bonds due Jan. 1, 2018 and $34.17 million of its 5.5% series Z revenue bonds due Jan. 1, 2020.

The bonds will be redeemed at par plus accrued interest on Jan. 1.

The Bank of New York Mellon Trust Co., NA is the trustee.


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