Bartow County authority's Georgia Power bonds have mandatory tender

By Marisa Wong

Madison, Wis., Sept. 24 - The Development Authority of Bartow County, Ga., said its $173 million Georgia Power Co., Plant Bowen Project pollution control revenue bonds, second series 2009 due Dec. 1, 2032, are subject to mandatory tender for purchase on Oct. 8.

The bonds are subject to mandatory tender because interest on the bonds will no longer accrue at the modified daily rate, effective Oct. 8.

The purchase price for the bonds will be par plus accrued interest up to the effective date.

Bank of New York Mellon Trust Co., NA is the trustee.

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