North Carolina amends call of 2003A G.O. public improvement bonds

By Tali David

Minneapolis, Jan. 30 - The state of North Carolina amended its call for its series 2003A general obligation public improvement bonds, according to a notice.

The state will redeem $11,775,000 of 5% bonds due March 1, 2014 and $11,775,000 of 4% bonds due March 1, 2017, for a total of $23.55 million.

The bonds will be redeemed at par on March 1.

The redemption is expressly conditional on the issuance by the state its series 2013B G.O. refunding bonds on or before the redemption date, the release said.

U.S. Bank NA is the escrow agent.

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