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Published on 4/26/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Anchorage calls $40.61 million series 2001A G.O. school bonds

By Melissa Kory

Cleveland, April 26 - Anchorage said it will redeem its $40.605 million of series 2001A general obligation school bonds.

The bonds will be redeemed on June 1 at par plus accrued interest to the redemption date.

The redemption includes:

• $3.16 million of 5.5% bonds due June 1, 2012;

• $3.335 million of 5.5% bonds due June 1, 2013;

• $3.515 million of 5.5% bonds due June 1, 2014;

• $3.71 million of 5.5% bonds due June 1, 2015;

• $3.915 million of 5.5% bonds due June 1, 2016;

• $4.13 million of 5.5% bonds due June 1, 2017;

• $4.355 million of 5.5% bonds due June 1, 2018;

• $4.595 million of 5% bonds due June 1, 2019;

• $4.825 million of 5% bonds due June 1, 2020; and

• $5.065 million of 5% bonds due June 1, 2021.

U.S. Bank, NA is the redemption agent.


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