New York State Power Authority calls $7.01 million of 2016 notes

By Marisa Wong

Milwaukee, Feb. 2 - The Power Authority of the State of New York gave notice that it will redeem $7.005 million of its $62.505 million outstanding adjustable-rate tender notes due 2016 on March 1.

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

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