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Richland County, S.C., school district defeases two series G.O. bonds
By Marisa Wong
Madison, Wis., Sept. 13 - School District No. 2 of Richland County, S.C., said it defeased $51.3 million of its $73 million 2002B general obligation bonds and $38 million of its $55 million series 2005A G.O. bonds on Sept. 8.
The first redemption date for the 2002B bonds is Feb. 1, 2013, and the first redemption date for the 2005A bonds is April 1, 2013.
U.S. Bank NA is the escrow holder.
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