Piedmont Municipal Power, S.C., 2008C, D bonds have mandatory tender

By Marisa Wong

Madison, Wis., Feb. 14 - The Piedmont Municipal Power Agency of South Carolina's $90 million series 2008C and $30 million series 2008D electric revenue refunding bonds are subject to mandatory tender for purchase on March 1, according to revised notices.

The bonds are subject to mandatory purchase because the interest rate mode for the bonds will be changed to a fixed-rate mode on March 1.

Deutsche Bank Trust Co. Americas is the bond fund trustee and tender agent.

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