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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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