Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Memphis > News item |
Memphis defeases $471.56 million in electric system revenue bonds
By Devika Patel
Knoxville, Tenn., March 16 - Memphis, Tenn., said it has defeased all $471.56 million of its series 2003A electric system subordinate revenue bonds.
The city said it has deposited sufficient cash to pay off the bonds' principal and interest with Regions Bank, the trustee.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.