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Published on 2/27/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Piedmont Municipal Power, S.C., 2011B, C bonds have mandatory tender

By Tali Rackner

Norfolk, Va., Feb. 27 - The Piedmont Municipal Power Agency, S.C., said its series 2011B and 2011C electric revenue refunding bonds are subject to mandatory tender for purchase, according to two notices.

The 2011B bonds, which were originally issued in the amount of $53.95 million, and the 2011C bonds, which were also issued in the amount of $53.95 million, will be purchased at par plus accrued interest on March 10.

Wells Fargo Bank, NA is the tender agent and paying agent.


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