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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item |
City of Detroit calls all $57.1 million of its water supply bonds
By Tali David
Minneapolis, Dec. 23 - City of Detroit called all $57,095,000 of its series 1997A water supply system revenue senior-lien bonds, according to a press release.
The 5% bonds, which are due July 1, 2027, will be redeemed at par plus accrued interest on Jan. 23.
U.S. Bank NA is the trustee.
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