Chicago to redeem all $50 million of 2000B gas supply bonds Aug. 18

By Devika Patel

Knoxville, Tenn., July 20 - The city of Chicago said it called all $50 million of its series 2000B gas supply refunding revenue bonds for full redemption on Aug. 18.

The affected bonds, which were issued for the Peoplesgas Light and Coke Co. project, have a variable-rate coupon and are due March 1, 2030.

The bonds will be redeemed at 100.5 plus interest.

Bank of New York Mellon Trust Co., NA (800 254-2826) 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.