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Published on 7/19/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Florida Rural Utility calls $10 million of construction revenue bonds

By Marisa Wong

Madison, Wis., July 19 - The Florida Rural Utility Financing Corp. said it will redeem $10 million of its $67.375 million of series 2008B public projects construction revenue notes on Aug. 16.

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

To be redeemed are the following bonds:

• $3.385 million of 3.25% bonds due Nov. 1, 2011;

• $3.795 million of 3.5% bonds due Nov. 1, 2011; and

• $2.82 million of 4% bonds due Nov. 1, 2011.

Regions Bank is the trustee.


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