Mobile, Ala., Water and Sewer to redeem all series 2006 revenue bonds

By Wendy Van Sickle

Columbus, Ohio, Nov. 25 – The Board of Water and Sewer Commissioners of the City of Mobile, Ala., called all $105 million of outstanding series 2006 water and sewer revenue bonds, according to a notice.

The following bonds will be redeemed Jan. 1 at par plus accrued interest to the redemption date:

• $830,000 of 4.5% bonds due Jan. 1, 2023;

• $875,000 of 4.5% bonds due Jan. 1, 2024;

• $4.72 million of 5% bonds due Jan. 1, 2025;

• $6.01 million of 5% bonds due Jan. 1, 2026;

• $40.67 million of 5% bonds due Jan. 1, 2031;

• $49,895,000 of 5% bonds due Jan. 1, 2036; and

• $2 million of 4.625% bonds due Jan. 1, 2036.

Regions Bank is the trustee.

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