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

Clearwater, Fla., to redeem $48.55 million of its revenue bonds Dec. 1

By Ashley Montgomery

Kansas City, Kan., Nov. 29 - The City of Clearwater, Fla., said it would redeem $48.545 million of its water and sewer revenue bonds.

The bonds will be redeemed at 101 plus accrued interest to Dec. 1, the redemption date.

The following bonds are affected:

• $1.34 million of 4% bonds due Dec. 1, 2012;

• $1.405 million of 4.1% bonds due Dec. 1, 2013;

• $1.48 million of 4.25% bonds due Dec. 1, 2014;

• $1.595 million of 4.25% bonds due Dec. 1, 2015;

• $1.67 million of 4.4% bonds due Dec. 1, 2016;

• $1.745 million of 4.5% bonds due Dec. 1, 2017;

• $1.785 million of 4.625% bonds due Dec. 1, 2018;

• $1.875 million of 4.7% bonds due Dec. 1, 2019;

• $1.97 million of 4.8% bonds due Dec. 1, 2020;

• $2.07 million of 4.875% bonds due Dec. 1, 2021;

• $2.18 million of 5% bonds due Dec. 1, 2022;

• $2.295 million of 5% bonds due Dec. 1, 2023;

• $2.42 million of 5% bonds due Dec. 1, 2024;

• $11.05 million of 5% bonds due Dec. 1, 2028; and

• $13.665 million of 5% bonds due Dec. 1, 2032.

Wells Fargo Bank, NA is the agent.


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