Montgomery County, Md., calls $56 million public improvement bonds

By Melissa Kory

Cleveland, Jan. 3 - The Montgomery County of Maryland announced that it will redeem its $56 million of series A consolidated public improvement bonds.

The bonds will be redeemed on Feb. 1 at 101% plus accrued interest to the redemption date.

The following bonds are affected:

• $7 million of 4.75% bonds due Feb. 1, 2014;

• $7 million of 4.75% bonds due Feb. 1, 2015;

• $7 million of 4.75% bonds due Feb. 1, 2016;

• $7 million of 4.75% bonds due Feb. 1, 2017;

• $7 million of 5% bonds due Feb. 1, 2018;

• $7 million of 5% bonds due Feb. 1, 2019;

• $7 million of 5% bonds due Feb. 1, 2020; and

• $7 million of 5% bonds due Feb. 1, 2021.

U.S. Bank, NA is the redemption 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.