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Published on 8/14/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Atlanta to redeem $425.61 million 1999A, 2001A water & wastewater revenue bonds

By Tali David

Minneapolis, Aug. 14 - The City of Atlanta plans to redeem $425.61 million of its series 1999A and 2001A water and wastewater revenue bonds on Sept. 13, according to multiple notices.

The following 1999A bonds will be redeemed at par plus accrued interest to the redemption date:

• $3.27 million of 5% bonds due Nov. 1, 2023;

• $97,435,000 of 5% bonds due Nov. 1, 2029; and

• $191.89 million of 5% bonds due Nov. 1, 2038.

The following 2001A bonds will be redeemed at par plus accrued interest to the redemption date:

• $350,000 of 4.6% bonds due Nov. 1, 2014;

• $80,000 of 4.7% bonds due Nov. 1, 2015;

• $395,000 of 4.8% bonds due Nov. 1, 2016;

• $125,000 of 4.8% bonds due Nov. 1, 2017;

• $460,000 of 4.9% bonds due Nov. 1, 2018;

• $220,000 of 5% bonds due Nov. 1, 2019;

• $565,000 of 5% bonds due Nov. 1, 2020;

• $610,000 of 5% bonds due Nov. 1, 2021;

• $360,000 of 5% bonds due Nov. 1, 2022; and

• $129.85 million of 5% bonds due Nov. 1, 2033.

The Bank of New York Mellon Trust Co., NA is the trustee.


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