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Published on 1/27/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Public Energy of Kentucky calls $57.3 million gas supply revenue bonds

By Melissa Kory

Cleveland, Jan. 27 - Public Energy Authority of Kentucky, Inc. announced that it will redeem its $57.296 million of gas supply variable-rate revenue bonds.

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

Wells Fargo Bank, NA is the redemption agent.

Affected are the following securities:

• $54.48 million of series 2006A bonds due Aug. 1, 2016;

• $1.408 million of series 2007A-2 bonds due Feb. 1, 2028; and

• $1.408 million of series 2007A-1 bonds due Feb. 1, 2028.


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