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Published on 4/28/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

West Virginia calls $110 million series 2000 state road bonds in full

By Marisa Wong

Milwaukee, April 28 - The State of West Virginia will redeem all $110 million of its general obligation state road bonds, series 2000, according to a notice dated May 1.

The bonds will be redeemed at 101 plus accrued interest up to the redemption date.

Affected are the following bonds:

• $3.115 million of 5.5% bonds due June 1, 2017;

• $9.2 million of 5.625% bonds due June 1, 2018;

• $9.715 million of 5.625% bonds due June 1, 2019;

• $10.26 million of 5.7% bonds due June 1, 2020; and

• $77.71 million of 5.75% bonds due June 1, 2025.

United Bank is the agent.


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