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Published on 8/31/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Lee County, Fla., to redeem $172.58 million airport revenue bonds

By Marisa Wong

Madison, Wis., Aug. 31 - Lee County, Fla., said it will redeem its $172.575 million of outstanding series 2000A airport revenue bonds in full on Oct. 4.

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

Affected are the following bonds:

• $44.56 million of 5.75% bonds due Oct. 1, 2025;

• $72.59 million of 6% bonds due Oct. 1, 2029; and

• $55.425 million of 6% bonds due Oct. 1, 2032.


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