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

South Carolina calls $49.1 million of state capital refunding bonds

By Tali David

Minneapolis, Dec. 1 - The State of South Carolina called $49.095 million of its series 2002C state capital improvement refunding bonds, according to a press release.

The following bonds will be redeemed at 101 plus interest on Jan. 1:

• $7.22 million of its 4% notes due Jan. 1, 2013;

• $7.575 million of its 4% notes due Jan. 1, 2014;

• $7.96 million of its 4% notes due Jan. 1, 2015;

• $8.355 million of its 5% notes due Jan. 1, 2016;

• $8.775 million of its 5% notes due Jan. 1, 2017; and

• $9.21 million of its 5% notes due Jan. 1, 2018.


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