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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 6/16/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Louisiana cancels redemption of $7.98 million of G.O. refunding bonds

By Melissa Kory

Cleveland, June 16 - The State of Louisiana said that it rescinded its announcement to redeem $7.98 million of its $200 million of series 2008-A general obligation variable-rate demand refunding bonds on July 15 at par plus accrued interest.

The redemption was rescinded due to the announcement of a mandatory tender on July 11.


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