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Published on 4/21/2008 in the Prospect News Municipals Daily.

Alabama State Port Authority to redeem $60.3 million auction-rate bonds

By Cristal Cody

Springdale, Ark., April 21 - The Alabama State Port Authority plans to redeem $60.295 million series 2006C auction-rate docks facilities revenue bonds on May 20, the issuer said Monday.

The authority priced $61.3 million series 2008A revenue bonds on Friday in a private sale to refund the bonds, Linda Paaymans, vice president of finance, told Prospect News.


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