Florida Rural Utility redeems $22.99 million of 2008B revenue notes

By Devika Patel

Knoxville, Tenn., Sept. 19 - The Florida Rural Utility Financing Commission said it will redeem $22.99 million of its $67.38 million of issued series 2008B revenue notes, which were issued for public projects construction, at par plus interest to Oct. 14, the redemption date.

The notes include:

• $7.78 million of 3.25% notes due Nov. 1, 2011;

• $8.73 million of 3.5% notes due Nov. 1, 2011; and

• $6.48 million of 4% notes due Nov. 1, 2011.

Regions Bank (866 512-3479) is the trustee.

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