Birmingham, Ala., to redeem $293.14 million of water and sewer bonds

By Tali David

Minneapolis, Nov. 28 - The City of Birmingham, Ala., called $293,135,000 of its series 2002B water and sewer revenue bonds in full, according to a redemption notice.

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

• $830,000 of 4.1% bonds due Jan. 1, 2014;

• $870,000 of 5.25% bonds due Jan. 1, 2015;

• $915,000 of 5.25% bonds due Jan. 1, 2016;

• $965,000 of 5.25% bonds due Jan. 1, 2017;

• $1.02 million of 5.25% bonds due Jan. 1, 2018;

• $1,075,000 of 5.25% bonds due Jan. 1, 2019;

• $1,135,000 of 5.25% bonds due Jan. 1, 2020;

• $1,195,000 of 5.25% bonds due Jan. 1, 2021;

• $1.26 million of 5.25% bonds due Jan. 1, 2022;

• $7,345,000 of 5.25% bonds due Jan. 1, 2027;

• $62,905,000 of 5.25% bonds due Jan. 1, 2033;

• $72,905,000 of 5.25% bonds due Jan. 1, 2037; and

• $140,715,000 of 5% bonds due Jan. 1, 2043.

U.S. Bank 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.