JEA to redeem $128.07 million in series three electric revenue bonds

By Devika Patel

Knoxville, Tenn., Sept. 23 - JEA of Jacksonville, Fla., said it will redeem all $64.03 million of its series three 2008D-2A variable-rate electric revenue bonds due 2037 and all $64.04 million of its series three 2008D-2B variable-rate electric revenue bonds due 2037 on Oct. 22 at par plus interest through Oct. 21.

The bonds will be redeemed using proceeds from the electric utility's series three 2010D electric system revenue bonds.

The Bank of New York Mellon Trust Co., NA is the bond registrar.

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