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Birmingham, Ala., defeases $19.76 million of water and sewer bonds
By Tali David
Minneapolis, May 2 - The City of Birmingham, Ala., defeased $19.76 million of its series 2006A water and sewer revenue bonds, according to a redemption notice.
The following will be redeemed at par plus accrued interest on Jan. 1, 2016:
• $5 million of 5% bonds due Jan. 1, 2040; and
• $14.76 million of 5% bonds due Jan. 1, 2043.
U.S. Bank NA is the agent.
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