Municipal Corrections Finance, Del., calls some revenue bonds

By Marisa Wong

Madison, Wis., July 6 - Municipal Corrections Finance LP said that it will redeem $14.6 million of its $108.3 million of outstanding 8.47% taxable revenue bonds, series 2001, due Aug. 1, 2016.

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

Municipal Corrections Finance is a Delaware limited partnership created for the purpose acquiring, owning, leasing and contracting low- to medium-security adult and juvenile correction and treatment facilities throughout the country.

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