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Published on 9/1/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

JEA, Fla., calls some of 12 series of 2008 electric revenue bonds

By Marisa Wong

Madison, Wis., Sept. 1 - JEA of Jacksonville, Fla., gave notice that it will redeem portions of its variable-rate electric revenue bonds, series three 2008A, 2008B-1, 2008B-2, 2008B-3, 2008B-4, 2008C-1, 2008C-2, 2008C-3, 2008D, 2008D-1, 2008D-2A and 2008D-2B.

The bonds will be redeemed on Oct. 1 at par plus accrued interest up to the redemption date.

To be redeemed are the following bonds:

• $1.94 million of $98.13 million of outstanding 2008A bonds due Oct. 1, 2036;

• $350,000 of $72.42 million of outstanding 2008B-1 bonds due Oct. 1, 2040;

• $300,000 of $71.86 million of outstanding 2008B-2 bonds due Oct. 1, 2040;

• $2 million of $56.025 million of outstanding 2008B-3 bonds due Oct. 1, 2036;

• $1.975 million of $55.485 million of outstanding 2008B-4 bonds due Oct. 1, 2036;

• $2.9 million of $80.545 million of outstanding 2008C-1 bonds due Oct. 1, 2034;

• $2.9 million of $80.3 million of outstanding 2008C-2 bonds due Oct. 1, 2034;

• $700,000 of $52.215 million of outstanding 2008C-3 bonds due Oct. 1, 2038;

• $225,000 of $70.155 million of outstanding 2008D bonds due Oct. 1, 2038;

• $1.89 million of $126.45 million of outstanding 2008D-1 bonds due Oct. 1, 2036;

• $435,000 of $64.465 million of outstanding 2008D-2A bonds due Oct. 1, 2037; and

• $430,000 of $64.465 million of outstanding 2008D-2B bonds due Oct. 1, 2037.


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