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Published on 11/29/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Atlanta Development calls some series 2001A, 2001B revenue bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 29 - The Atlanta Development Authority said it would redeem $67.43 million of series 2001A and $7.78 million of series 2001B Yamacraw Design Center Project revenue bonds.

The bonds will be redeemed at par plus accrued interest to Jan. 1, 2012, the redemption date.

The 2001A bonds include the following:

• $375,000 of 4.4% bonds due Jan. 1, 2013;

• $395,000 of 4.5% bonds due Jan. 1, 2014;

• $415,000 of 4.6% bonds due Jan. 1, 2015;

• $430,000 of 4.7% bonds due Jan. 1, 2016;

• $3.245 million of 5.375% bonds due Jan. 1, 2017;

• $3.62 million of 5.375% bonds due Jan. 1, 2018;

• $4.02 million of 5.375% bonds due Jan. 1, 2019;

• $4.45 million of 5.375% bonds due Jan. 1, 2020;

• $16.19 million of 5.125% bonds due Jan. 1, 2023; and

• $26.51 million of 5.125% bonds due Jan. 1, 2027.

The 2001B bonds include the following:

• $1.515 million of 6.15% bonds due Jan. 1, 2013;

• $3.865 million of 6.2% bonds due Jan. 1, 2015;

• $1.535 million of 6.15% bonds due Jan. 1, 2016; and

• $865,000 of 6.3% bonds due Jan. 1, 2016.

U.S. Bank, NA is the trustee.


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