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Published on 10/28/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Mississippi Business Finance to redeem $57.5 million Petal Gas bonds

By Tali David

Minneapolis, Oct. 28 - Mississippi Business Finance Corp. announced that it will redeem all $57.5 million of its Petal Gas Storage, LLC project's Gulf Opportunity Zone Industrial Development Revenue Bonds, series 2007.

The bonds will be redeemed on Dec. 1 at par plus accrued interest.

Mississippi Business Finance is a Jackson, Miss.-based financing company. Petal Gas Storage is a Petal, Miss.-based natural gas storage services company.


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