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Published on 11/16/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Salt River Project calls $207.04 million 2002 B electric system bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 16 - Salt River Project Agricultural Improvement and Power District, Ariz., will redeem all $207.04 million of its 2002 series B electric system refunding revenue bonds, according to a notice.

The bonds will be redeemed on Jan. 1 at par plus accrued interest to the redemption date.

The following bonds are affected:

• $3.08 million of 4% bonds due Jan. 1, 2016;

• $55,675,000 of 4.8% bonds due Jan. 1, 2024;

• $58,095,000 of 5% bonds due Jan. 1, 2025;

• $17,075,000 of 5% bonds due Jan. 1, 2026; and

• $73,115,000 of 5% bonds due Jan. 1, 2031.

U.S. Bank, NA is the trustee.


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