Long Island Power to redeem $152.6 million from four series of bonds

By Tali David

Minneapolis, April 23 - Long Island Power Authority called $152.6 million from four series of its electric system general revenue bonds, according to multiple notices.

The following bonds will be redeemed at par plus premium, if any, on May 23:

• $65.6 million of variable-rate bonds due Dec. 1, 2029;

• $47 million of variable-rate bonds due Dec. 1, 2029;

• $20 million of variable-rate bonds due Dec. 1, 2029; and

• $20 million of variable-rate bonds due Dec. 1, 2029.

The Bank of New York Mellon is the trustee agent.

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