Municipal Electric Authority, Ga., calls $27.29 million series Z bonds

By Marisa Wong

Milwaukee, Dec. 10 - The Municipal Electric Authority of Georgia gave notice that it will redeem $27.29 million of its 5.5% revenue bonds, series Z, on Jan. 1.

The bonds, due Jan. 1, 2012, will be redeemed at par with interest accrued up to the redemption date.

Affected are the following series Z bonds:

• $27.06 million of $61.85 million book bonds outstanding;

• All $5,000 of R 478 bonds;

• $25,000 of $35,000 R 901 bonds outstanding;

• $15,000 of $20,000 R 902 bonds outstanding;

• All $15,000 of R1204 bonds;

• $155,000 of $310,000 R 1207 bonds outstanding; and

• $15,000 of $25,000 RU 1155 bonds outstanding.

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