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Published on 1/7/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Mississippi Business Finance calls $50 million Mississippi Power bonds

By Marisa Wong

Madison, Wis., Jan. 7 - The Mississippi Business Finance Corp. said that it will redeem its $50 million of Mississippi Power Co. Project revenue bonds, second series 2010, on Feb. 8.

The weekly rate bonds, which are due Dec. 1, 2040, will be redeem at par plus accrued interest to the redemption date.

Mississippi Business Finance is a non-profit corporation that coordinates various state resources.

Mississippi Power is a Gulfport, Miss.-based Southern Co. electric utility.


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