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Published on 10/2/2009 in the Prospect News Municipals Daily.

Michigan calls $56.14 million of series 1999A bonds at par

By Marisa Wong

Milwaukee, Oct. 2 – The State of Michigan gave notice that it will redeem $56.14 million of its Clean Michigan Initiative Program bonds, series 1999A, on Nov. 1.

The bonds will be fully redeemed at par, plus accrued interest up to the redemption date.

Affected are the following bonds:

• $4.4 million of 5.5% bonds due 2010;

• $4.62 million of 5.5% bonds due 2011;

• $4.86 million of 5.5% bonds due 2012;

• $5.12 million of 5.5% bonds due 2013;

• $5.4 million of 5.5% bonds due 2014;

• $5.69 million of 5.75% bonds due 2015;

• $6 million of 5.75% bonds due 2016;

• $6.33 million of 5.75% bonds due 2017;

• $6.68 million of 5.625% bonds due 2018;

• $7.06 million of 5.625% bonds due 2019.


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