Miami Beach, Fla., defeases and calls a portion of stormwater bonds

By Marisa Wong

Milwaukee, Feb. 24 - The City of Miami Beach, Fla., gave notice that it has defeased and will redeem a portion of its stormwater revenue bonds, series 2000, on Sept. 1, 2010.

The bonds will be redeemed at 101.

Affected are the following bonds:

• $1.245 million of 4.8% bonds due 2011;

• $1.305 million of 5.75% bonds due 2012;

• $1.38 million of 5.75% bonds due 2013;

• $1.46 million of 5.75% bonds due 2014;

• $1.545 million of 5.75% bonds due 2015;

• $1.63 million of 5.75% bonds due 2016;

• $1.725 million of 5.75% bonds due 2017; and

• $5.765 million of 5.25% bonds due 2020.

U.S. Bank NA is the agent.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.