North Carolina Infrastructure calls correctional facilities COPs

By Marisa Wong

Madison, Wis., Jan. 2 - North Carolina Infrastructure Finance Corp. gave notice that it will redeem its series 2004A State of North Carolina Correctional Facilities Project certificates of participation on Feb. 1.

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

• $7.95 million of 5% bonds due Feb. 1, 2015;

• $7.95 million of 5% bonds due Feb. 1, 2016;

• $2,945,000 of 4% bonds due Feb. 1, 2017;

• $5 million of 5% bonds due Feb. 1, 2017;

• $2,945,000 of 4% bonds due Feb. 1, 2018;

• $5 million of 5% bonds due Feb. 1, 2018;

• $7,945,000 of 5% bonds due Feb. 1, 2019;

• $7,945,000 of 5% bonds due Feb. 1, 2020;

• $7,945,000 of 5% bonds due Feb. 1, 2021;

• $7,945,000 of 5% bonds due Feb. 1, 2022; and

• $7,945,000 of 5% bonds due Feb. 1, 2023.

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