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Orleans Parish School Board, La., calls $16.18 million of school bonds
By Tali David
Minneapolis, Jan. 10 - Orleans Parish School Board, La., called $16.18 million of its $53,361,250.40 of outstanding compound interest public school refunding bonds, series 1991, according to a release.
The bonds, which are due Feb. 1, 2015, will be redeemed at 0.809971 plus accrued interest on Feb. 1.
Following the redemption, $37,181,250.40 of the bonds will remain outstanding.
The Bank of New York Mellon Trust Co., NA is the agent.
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