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Published on 2/1/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Phoenix Civic Improvement calls $231.39 million of 2002B airport bonds

By Tali David

Minneapolis, Feb. 1 - The City of Phoenix Civic Improvement Corp. called $231.39 million of its series 2002B senior-lien airport revenue refunding bonds in full, according to a notice.

The following bonds will be redeemed at par plus accrued interest on March 5:

• $7.2 million of 5.75% bonds due July 1, 2014;

• $7,615,000 of 5.75% bonds due July 1, 2015;

• $8,055,000 of 5.75% bonds due July 1, 2016;

• $8,515,000 of 5.75% bonds due July 1, 2017;

• $9,005,000 of 5.75% bonds due July 1, 2018;

• $9,525,000 of 5.75% bonds due July 1, 2019;

• $10.07 million of 5.375% bonds due July 1, 2020;

• $10,615,000 of 5.25% bonds due July 1, 2021;

• $11.17 million of 5.25% bonds due July 1, 2022;

• $11,755,000 of 5.25% bonds due July 1, 2023;

• $53.54 million of 5.25% bonds due July 1, 2027; and

• $84,325,000 of 5.25% bonds due July 1, 2032.


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