E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 7/5/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Palm Beach County School Board, Fla., calls $289.45 million COPs

By Melissa Kory

Cleveland, July 5 - The Palm Beach County School Board of Florida said it will redeem its $163.61 million of series 2001B and $125.84 million of series 2001A certificates of participation.

The certificates will be redeemed on Aug. 1 at 101 plus accrued interest to the redemption date.

The affected series 2001B certificates include:

• $735,000 of 4.5% certificates due Aug. 1, 2012;

• $765,000 of 4.6% certificates due Aug. 1, 2013;

• $805,000 of 4.7% certificates due Aug. 1, 2014;

• $840,000 of 4.8% certificates due Aug. 1, 2015;

• $10.35 million of 5.375% certificates due Aug. 1, 2016;

• $13.565 million of 5.375% certificates due Aug. 1, 2017;

• $14.3 million of 5% certificates due Aug. 1, 2018;

• $15.015 million of 5% certificates due Aug. 1, 2019;

• $15.76 million of 5% certificates due Aug. 1, 2020;

• $16.555 million of 5% certificates due Aug. 1, 2021; and

• $74.92 million of 5% certificates due Aug. 1, 2025.

The affected series 2001A certificates include:

• $510,000 of 4.4% certificates due Aug. 1, 2012;

• $535,000of 4.5% certificates due Aug. 1, 2013;

• $560,000 of 4.6% certificates due Aug. 1, 2014;

• $580,000 of 4.7% certificates due Aug. 1, 2015;

• $700,000 of 4.9% certificates due Aug. 1, 2016;

• $6.735 million of 5.5% certificates due Aug. 1, 2016;

• $7.845 million of 5.5% certificates due Aug. 1, 2017;

• $8.275 million of 5.5% certificates due Aug. 1, 2018;

• $1.53 million of 5.1% certificates due Aug. 1, 2019;

• $7.2 million of 5.5% certificates due Aug. 1, 2019;

• $9.205 million of 5.2% certificates due Aug. 1, 2020;

• $9.68 million of 5.5% certificates due Aug. 1, 2021;

• $10.21 million of 5.5% certificates due Aug. 1, 2022;

• $22.1 million of 5.125% certificates due Aug. 1, 2024; and

• $40.175 million of 5.125% certificates due Aug. 1, 2026.

Bank of New York Mellon is the redemption agent.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.