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Published on 9/21/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Memphis, Tenn., calls all series 2006A general improvement bonds

By Wendy Van Sickle

Columbus, Ohio, Sept. 21 – The City of Memphis, Tenn., called all $68.31 million of outstanding general improvement bonds, series 2006A, according to a notice.

The following bonds will be redeemed Nov. 1 at par:

• $4.33 million of 5% bonds due Nov. 1, 2016;

• $4.55 million of 5% bonds due Nov. 1, 2017;

• $4,785,000 of 5% bonds due Nov. 1, 2018;

• $5.03 million of 5% bonds due Nov. 1, 2019;

• $16 million of 5% bonds due Nov. 1, 2020;

• $6.11 million of 5% bonds due Nov. 1, 2021;

• $6,425,000 of 5% bonds due Nov. 1, 2022;

• $6,725,000 of 4.25% bonds due Nov. 1, 2023;

• $7.02 million of 4.375% bonds due Nov. 1, 2024; and

• $7,335,000 of 4.375% bonds due Nov. 1, 2025.

Regions Bank is the trustee.


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