E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/13/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Miami-Dade County, Fla., to redeem series 1997A, B, C bonds

By Tali David

Minneapolis, Nov. 13 -Miami-Dade County, Fla., plans to redeem some of its series 1997A, 1997B and 1997C subordinate special obligation bonds, according to two notices.

The following series 1997A refunding bonds will be redeemed at 102 on Dec. 23:

• $241,170 of bonds due Oct. 1, 2013;

• $5,576,578 of bonds due Oct. 1, 2014;

• $5,712,322 of bonds due Oct. 1, 2015;

• $5,820,511 of bonds due Oct. 1, 2016;

• $5,937,971 of bonds due Oct. 1, 2017;

• $6,037,244 of bonds due Oct. 1, 2018;

• $6,130,399 of bonds due Oct. 1, 2019;

• $6,206,540 of bonds due Oct. 1, 2020;

• $7,546,837 of bonds due Oct. 1, 2021;

• $7,535,088 of bonds due Oct. 1, 2022;

• $7,513,187 of bonds due Oct. 1, 2023;

• $7,481,106 of bonds due Oct. 1, 2024;

• $7,440,494 of bonds due Oct. 1, 2025; and

• $7,391,410 of bonds due Oct. 1, 2026.

The following series 1997B bonds will be redeemed at 102 on Dec. 23:

• $4,512,986 of capital appreciation bonds due Oct. 1, 2028;

• $7,900,485 of capital appreciation bonds due Oct. 1, 2029;

• $8,167,198 of capital appreciation bonds due Oct. 1, 2030;

• $8,055,714 of capital appreciation bonds due Oct. 1, 2031;

• $7,917,226 of capital appreciation bonds due Oct. 1, 2032;

• $7,803,532 of capital appreciation bonds due Oct. 1, 2033;

• $3,896,437 of capital appreciation bonds due Oct. 1, 2034;

• $3,534,610 of capital appreciation bonds due Oct. 1, 2035;

• $1,365,189 of capital appreciation bonds due Oct. 1, 2036; and

• $116,855,000 of 5% current interest bonds due Oct. 1, 2037.

The following series 1997C bonds will be redeemed at 102 on Dec. 23:

• $5,096,902 of capital appreciation bonds due Oct. 1, 2013; and

• $10,328,919 of capital appreciation bonds due Oct. 1, 2028.

Regions Bank is the escrow agent.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.