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

Montgomery County, Md., calls $89.82 million public improvement bonds

By Marisa Wong

Madison, Wis., Aug. 31 - Montgomery County, Md., said it will redeem $89.82 million of its 2001 series A consolidated public improvement refunding bonds on Oct. 1.

The following bonds will be redeemed at 101 plus accrued interest to the redemption date:

• $12.19 million of 5.25% bonds due Oct. 1, 2012;

• $18.865 million of 5.25% bonds due Oct. 1, 2013;

• $18.86 million of 5.25% bonds due Oct. 1, 2014;

• $12.945 million of 5.25% bonds due Oct. 1, 2015;

• $6.77 million of 5.25% bonds due Oct. 1, 2016;

• $6.75 million of 5.25% bonds due Oct. 1, 2017;

• $6.73 million of 5.25% bonds due Oct. 1, 2018; and

• $6.71 million of 5.25% bonds due Oct. 1, 2019.

U.S. Bank NA is the agent.


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