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 11/15/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Michigan Strategic Fund calls two series of limited obligation bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 15 - Michigan Strategic Fund will redeem all of its series 2002C and 2002D limited obligation refunding revenue bonds, according to a notice.

The bonds were issued for the Detroit Edison Co. Exempt Facilities Project.

The bonds will be redeemed on Dec. 15 at par plus a premium

Affected are $64.3 million of 5.45% 2002C bonds due Dec. 15, 2032 and $55,975,000 of 5.25% series 2002D bonds due Dec. 15, 2032.

The Bank of New York Mellon Trust Co., NA is the trustee.


© 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.