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Published on 11/14/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Florida Municipal Loan Council calls $7.58 million revenue bonds

By Tali David

Minneapolis, Nov. 14 - Florida Municipal Loan Council announced that it has called $7.575 million of its revenue bonds, series 2001A.

The following bonds will be redeemed at 101 plus accrued interest on Dec. 12:

• $350,000 of its 5% notes due Nov. 1, 2012;

• $365,000 of its 5.25% notes due Nov. 1, 2013;

• $385,000 of its 5.25% notes due Nov. 1, 2014;

• $405,000 of its 5.25% notes due Nov. 1, 2015;

• $425,000 of its 5.25% notes due Nov. 1, 2016;

• $450,000 of its 5.25% notes due Nov. 1, 2017;

• $475,000 of its 5.25% notes due Nov. 1, 2018;

• $1.565 million of its 4.75% notes due Nov. 1, 2021; and

• $3.155 million of its 5% notes due Nov. 1, 2026.

Deutsche Bank Trust Co. Americas is the trustee.

The council is a fixed-rate loan pool program for cities to use for capital improvements, renovations, fixed asset additions or refinancing of existing debt.


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