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Salt River Project Agricultural, Ariz., to redeem $59.86 million bonds
By Melissa Kory
Cleveland, Dec. 1 - The Salt River Project Agricultural Improvement and Power District of Arizona announced that it will redeem in full its $59.86 million of series 1997A electric system refunding bonds.
The redemption includes $835,000 of 5.12% bonds due Jan. 1, 2018 and $59.025 million of 5.5% bonds due Jan. 1, 2020.
The bonds will be redeemed on Jan. 1 at par, plus accrued interest to the redemption date.
U.S. Bank NA is the redemption agent.
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