Mississippi Development $113.83 million bonds have mandatory tender

By Melissa Kory

Cleveland, June 6 - The Mississippi Development Bank said its $113.825 million of Harrison County Utility Authority series 2006A wastewater treatment system special obligation revenue refunding bonds are subject to a mandatory tender for purchase on June 24 at par.

The mandatory tender is the result of the expiration of the bonds' existing liquidity facility.

Hancock Bank is the trustee.

Located in Jackson, the development bank provides loans for economic development projects.

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