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Published on 12/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

North Carolina Municipal Power calls some 1990 Catawba electric bonds

By Marisa Wong

Madison, Wis., Dec. 1 - North Carolina Municipal Power Agency Number 1 said it will redeem $33.43 million of its 5.5% series 1990 Catawba electric revenue bonds due Jan. 1, 2013 on Jan. 1.

The bonds will be redeemed at par plus accrued interest to the redemption date.

The Raleigh, N.C.-based agency consists of 19 cities and towns in western North Carolina.


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