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Published on 10/22/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

South Carolina ports authority calls $85.57 million 1998 revenue bonds

By Marisa Wong

Madison, Wis., Oct. 22 - The South Carolina State Ports Authority said it will redeem $85.57 million of its series 1998 revenue bonds on Nov. 22.

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

To be redeemed are the following bonds:

• $4.59 million of 5.25% bonds due July 1, 2013;

• $4.835 million of 5.375% bonds due July 1, 2014;

• $5.095 million of 5.375% bonds due July 1, 2015;

• $5.365 million of 5% bonds due July 1, 2016;

• $5.635 million of 5% bonds due July 1, 2017;

• $5.915 million of 5% bonds due July 1, 2018; and

• $54.135 million of 5.3% bonds due July 1, 2026.


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