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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item |
District of Colombia invites holders to sell $281.33 million bonds
By Melissa Kory
Cleveland, Aug. 15 - The District of Colombia said it invited bond owners to sell $281.325 million of the Freedom Forum, Inc. revenue bonds to the company for cash.
The bonds affected include:
• $56.25 million series 2002A auction-rate revenue bonds;
• $56.25 million of series 2002B auction-rate revenue bonds;
• $92.575 million of series 2005A taxable auction-rate revenue bonds;
• $72.1 million of series 2005B taxable auction-rate revenue bonds; and
• $4.15 million of series 2006 auction-rate taxable revenue bonds.
The invitation will expire at 5 p.m. ET on Sept. 16.
The bonds will be redeemed at par plus accrued interest.
Deutsche Bank Trust Co. Americas is the trustee.
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