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Published on 12/10/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

South Carolina Public Service to redeem $38.14 million 2004A bonds

By Tali David

Minneapolis, Dec. 10 - The South Carolina Public Service Authority plans to redeem the full $38.14 million of its FSA program custodial receipts related to its series 2004A tax-exempt revenue obligations, according to two notices.

The authority will redeem $28.14 million of bonds due Jan. 1, 2021 and $10 million of bonds due Jan. 1, 2022.

The bonds will be redeemed at par plus accrued interest on Jan 1.

U.S. Bank NA is the custodian.


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