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Published on 6/9/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Georgia calls $121.28 million of series 2001B G.O. bonds at par

By Melissa Kory

Cleveland, June 9 - The State of Georgia said it will redeem its $121.28 million of series 2001B general obligation bonds.

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

The bonds affected include:

• $9.1 million of 5% bonds due July 1, 2014;

• $20.42 million of 5.25% bonds due July 1, 2015;

• $21.64 million of 5.25% bonds due July 1, 2016;

• $22.94 million of 5.25% bonds due July 1, 2017;

• $18.37 million of 5% bonds due July 1, 2019;

• $9.86 million of 5% bonds due July 1, 2020; and

• $18.95 million of 5% bonds due July 1, 2021.

Bank of New York Mellon is the redemption agent.


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