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Published on 12/5/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Florida calls $3.46 million of 2001A bonds for optional redemption

By Devika Patel

Knoxville, Tenn., Dec. 5 - The Florida Municipal Loan Council announced that it has called $3.46 million of its series 2001A revenue bonds for optional redemption at 101 plus accrued interest on Jan. 5.

Affected are the following bonds:

• $275,000 of its 5% notes due Nov. 1, 2012;

• $285,000 of its 5.25% notes due Nov. 1, 2013;

• $300,000 of its 5.25% notes due Nov. 1, 2014;

• $315,000 of its 5.25% notes due Nov. 1, 2015;

• $335,000 of its 5.25% notes due Nov. 1, 2016;

• $350,000 of its 5.25% notes due Nov. 1, 2017;

• $370,000 of its 5.25% notes due Nov. 1, 2018; and

• $1.23 million of its 4.75% notes due Nov. 1, 2021.

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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