Atlanta, Fulton County Recreation calls 1997 downtown arena bonds

By Marisa Wong

Madison, Wis., Nov. 8 - The City of Atlanta and Fulton County Recreation Authority said it will redeem all $120.155 million of its downtown arena project revenue bonds, taxable series 1997, on Dec. 9.

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

To be redeemed are the following bonds:

• $3.555 million of 6.625% bonds due Dec. 1, 2011;

• $21.77 million of 6.93% bonds due Dec. 1, 2016; and

• $94.83 million of 7% bonds due Dec. 1, 2028.

Regions Bank is the trustee.

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