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 11/19/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Jacksonville, Fla., calls $138.41 million from three series of bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 19 - The City of Jacksonville, Fla., plans to redeem its series 2002, 2003B and 2003C bonds, according to a notice.

The bonds will be redeemed on Dec. 17 at par plus accrued interest to the redemption date.

The following series 2002 guaranteed entitlement revenue refunding and improvement bonds are affected:

• $2,785,000 of 4% bonds due Oct. 1, 2013;

• $2,895,000 of 4.125% bonds due Oct. 1, 2014;

• $3,015,000 of 5.375% bonds due Oct. 1, 2015;

• $3.18 million of 5.375% bonds due Oct. 1, 2016;

• $3.35 million of 5.375% bonds due Oct. 1, 2017;

• $3.53 million of 5.375% bonds due Oct. 1, 2018;

• $3.72 million of 5.375% bonds due Oct. 1, 2019;

• $3.92 million of 5.375% bonds due Oct. 1, 2020;

• $4.13 million of 5% bonds due Oct. 1, 2021;

• $4,335,000 of 5% bonds due Oct. 1, 2022;

• $25.16 million of 5% bonds due Oct. 1, 2027;

• $12,275,000 of 5.25% bonds due Oct. 1, 2032; and

• $19.89 million of 5% bonds due Oct. 1, 2032.

The following series 2003A excise taxes revenue bonds are affected:

• $1,025,000 of 3.6% bonds due Oct. 1, 2013;

• $1,065,000 of 3.7% bonds due Oct. 1, 2014;

• $1,105,000 of 3.8% bonds due Oct. 1, 2015;

• $1,145,000 of 3.9% bonds due Oct. 1, 2016;

• $1.19 million of 4% bonds due Oct. 1, 2017;

• $1,235,000 of 4.1% bonds due Oct, 1, 2018;

• $1,285,000 of 4.2% bonds due Oct. 1, 2019;

• $1.34 million of 4.25% bonds due Oct. 1, 2020;

• $1.4 million of 4.375% bonds due Oct. 1, 2021;

• $1.46 million of 4.4% bonds due Oct. 1, 2022; and

• $1,525,000 of 4.5% bonds due Oct. 1, 2023.

The following series 2003C excise taxes revenue refunding bonds are affected:

• $20,000 of 4.125% bonds due Oct. 1, 2014;

• $20,000 of 4.375% bonds due Oct, 1, 2015;

• $5.38 million of 5.25% bonds due Oct. 1, 2016;

• $5,895,000 of 5.25% bonds due Oct. 1, 2017;

• $6,445,000 of 5.25% bonds due Oct. 1, 2018;

• $7.03 million of 5.25% bonds due Oct. 1, 2019; and

• $7.66 million of 5.25% bonds due Oct. 1, 2020.

U.S. Bank, NA is the paying 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.