Rhode Island calls $80.4 million capital development G.O. bonds

By Melissa Kory

Cleveland, July 27 - The State of Rhode Island said it will redeem its $80.395 million of series 2001C consolidated capital development loan general obligation bonds.

The bonds affected include:

• $7.215 million of 5.5% bonds due Sept. 1, 2012;

• $7.595 million of 5.5% bonds due Sept. 1, 2013;

• $7.99 million of 5.5% bonds due Sept. 1, 2014;

• $8.415 million of 5.5% bonds due Sept. 1, 2015;

• $8.855 million of 5.5% bonds due Sept. 1, 2016;

• $9.32 million of 5.5% bonds due Sept. 1, 2017;

• $9.81 million of 5% bonds due Sept. 1, 2018;

• $10.325 million of 5% bonds due Sept. 1, 2019; and

• $10.87 million of 5% bonds due Sept. 1, 2020.

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

U.S. Bank, NA is the redemption agent.

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