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Published on 12/4/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

North Carolina Eastern Muni Power calls $101.15 million 2005A bonds

By Wendy Van Sickle

Columbus, Ohio, Dec. 4 – The North Carolina Eastern Municipal Power Agency called $101,145,000 of power system revenue bonds, refunding series 2005A, according to a notice.

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

• $215,000 of 4.25% bonds due Jan. 1, 2020;

• $42,365,000 of 5% bonds due Jan. 1, 2020;

• $45 million of 5.25% bonds due Jan. 1, 2020;

• $795,000 of 4.25% bonds due Jan. 1, 2021; and

• $12.77 million of 5% bonds due Jan. 1, 2021.

U.S. Bank NA is the trustee.


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