Mecklenburg County, N.C., calls $192 million of 2003A, 2004B bonds

By Tali David

Minneapolis, Dec. 26 - Mecklenburg County, N.C., plans to redeem $92 million of its series 2003A public improvement bonds and $100 million of its series 2004B variable-rate general obligation bonds, according to two notices.

The following 2003A bonds will be redeemed at par plus accrued interest on Feb. 1:

• $15 million of 4% bonds due Feb. 1, 2014;

• $15 million of 4% bonds due Feb. 1, 2015;

• $15 million of 4% bonds due Feb. 1, 2016;

• $13 million of 4.25% bonds due Feb. 1, 2017;

• $13 million of 4.25% bonds due Feb. 1, 2018;

• $13 million of 4.25% bonds due Feb. 1, 2019; and

• $8 million of 4.25% bonds due Feb. 1, 2020.

The 2004B bonds, which are due Feb. 1, 2024, will be redeemed at par plus accrued interest on Feb. 1.

Wells Fargo Bank, NA is the escrow agent.

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