Birmingham, Ala., to redeem $61.3 million of series 2002B G.O. bonds

By Tali David

Minneapolis, Oct. 9 - The City of Birmingham, Ala., called $61.3 million of its series 2002B general obligation capital improvement and refunding bonds, according to a redemption notice.

The following bonds will be redeemed at par plus accrued interest on Dec. 1:

• $2.09 million of 5.25% bonds due Dec. 1, 2016;

• $2,375,000 of 5.25% bonds due Dec. 1, 2017;

• $2,455,000 of 5.25% bonds due Dec. 1, 2018;

• $2.54 million of 5.25% bonds due Dec. 1, 2019;

• $2,665,000 of 5.25% bonds due Dec. 1, 2022;

• $19.35 million of 5% bonds due Dec. 1, 2027; and

• $29,835,000 of 5% bonds due Dec. 1, 2031.

Regions Bank is the trustee.

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