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South Carolina calls $31.51 million state capital improvement bonds
By Melissa Kory
Cleveland, Feb. 1 - The State of South Carolina announced that it will redeem $31.51 million of its $75 million of series 2001A state capital improvement bonds.
The bonds will be redeemed on March 1 at 101% of par plus accrued interest to the redemption date.
The redemption includes:
• $5,685,000 of 5% bonds due Jan. 1, 2012;
• $5.98 million of 4.75% bonds due Jan. 1, 2013;
• $6.28 million of 3.5% bonds due Jan. 1, 2014;
• $6,605,000 of 3.5% bonds due Jan. 1, 2015; and
• $6.96 million of 3.5% bonds due Jan. 1, 2016.
Bank of New York Mellon is the redemption agent.
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