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South Carolina calls portions of 2000A, 2001A school facilities bonds
By Marisa Wong
Madison, Wis., Jan. 28 - The State of South Carolina said it plans to redeem portions of its $250 million series 2000A and $250 million series 2001A general obligation state school facilities bonds on March 2.
The bonds will be redeemed at par plus accrued interest up to the redemption date.
Of the 2000A bonds, the state plans to redeem $21.99 million of 4.5% bonds due Jan. 1, 2014 and $23.2 million of 4.25% bonds due Jan. 1, 2015.
To be redeemed are the following 2001A bonds:
• $18.965 million of 5% bonds due Jan. 1, 2012;
• $19.89 million of 4.375% bonds due Jan. 1, 2013;
• $20.89 million of 3.5% bonds due Jan. 1, 2014;
• $21.95 million of 3.5% bonds due Jan. 1, 2015; and
• $23.085 million of 3.5% bonds due Jan. 1, 2016.
The Bank of New York Mellon Trust Co., NA is the agent.
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