Farmington, N.M., calls Public Service San Juan Project bonds in full

By Marisa Wong

Milwaukee, May 12 - The City of Farmington, N.M., said it will redeem in full its $142.045 million of Public Service Co. of New Mexico San Juan Project pollution control revenue refunding bonds, 1996 series A, B and C.

The bonds will be redeemed on June 9 at par, plus accrued interest up to the redemption date.

To be redeemed are $40.045 million of 6.3% series A bonds due Dec. 1, 2016; $37 million of 6.3% series B bonds due Dec. 1, 2016; and $65 million of 5.7% series C bonds due Dec. 1, 2016.

Wells Fargo Bank, NA is the trustee.

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