Winston-Salem, N.C., calls $77.84 million water and sewer system bonds

By Marisa Wong

Madison, Wis., April 15 - The City of Winston-Salem, N.C., said it will redeem its $77.835 million of outstanding water and sewer system revenue and revenue refunding bonds, series 2001, in full on June 1.

The bonds will be redeemed at 101 plus accrued interest to the redemption date.

To be redeemed are the following bonds:

• $1.145 million of 5.5% bonds due June 1, 2012;

• $2.155 million of 5.5% bonds due June 1, 2012;

• $3.605 million of 5.5% bonds due June 1, 2013;

• $2.275 million of 5.5% bonds due June 1, 2013;

• $3.81 million of 5.5% bonds due June 1, 2014;

• $2.4 million of 5.5% bonds due June 1, 2014;

• $1.72 million of 5.5% bonds due June 1, 2015;

• $2.535 million of 5.5% bonds due June 1, 2015;

• $1.82 million of 5.5% bonds due June 1, 2016;

• $2.67 million of 5.5% bonds due June 1, 2016;

• $1.91 million of 5.5% bonds due June 1, 2017;

• $2.82 million of 5.5% bonds due June 1, 2017;

• $1.98 million of 5% bonds due June 1, 2018;

• $3.715 million of 5% bonds due June 1, 2019;

• $3.9 million of 5.125% bonds due June 1, 2020;

• $4.1 million of 5.25% bonds due June 1, 2021; and

• $35.275 million of 5.125% bonds due June 1, 2028.

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