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Published on 7/18/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Florida Rural Utility calls $4 million of Public Projects notes

By Melissa Kory

Cleveland, July 18 - Florida Rural Utility Financing Commission said it will redeem $4 million of its series 2008B Public Projects Construction revenue notes due Nov. 1.

The notes will be redeemed on Aug. 15 at par plus accrued interest to the redemption date.

The notes affected include:

• $1.355 million of 3.25% notes;

• $1.515 million of 3.5% notes; and

• $1.13 million of 4% notes.

Regions Bank is the redemption agent.


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