City of Hoover, Ala., calls $50.66 million of G.O warrants on March 1

By Tali David

Minneapolis, Jan. 10 - City of Hoover, Ala., called $50.66 million of its general obligation series 2003 warrants, according to a release.

The following warrants will be redeemed at 101 plus accrued interest on March 1:

• $1.68 million of 3.85% warrants due March 1, 2013;

• $1.76 million of 4% warrants due March 1, 2014;

• $1.85 million of 4.1% warrants due March 1, 2015;

• $960,000 of 4.2% warrants due March 1, 2016;

• $1 million of 5% warrants due March 1, 2016;

• $2.09 million of 4.35% warrants due March 1, 2017;

• $1 million of 5% warrants due March 1, 2017;

• $7.33 million of 4.5% warrants due March 1, 2018;

• $7.67 million of 4.5% warrants due March 1, 2019;

• $8,045,000 of 5% warrants due March 1, 2020;

• $8,435,000 of 4.5% warrants due March 1, 2021; and

• $8.84 million of 4.8% warrants due March 1, 2022.

Regions Bank is the trustee.

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