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Published on 11/30/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Griffin, Ga., calls $58.28 million of public utility revenue bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 30 - The City of Griffin, Ga., will redeem all $58.28 million of its series 2002 combined public utility revenue refunding and improvement bonds, according to a notice.

The bonds will be redeemed on Jan. 1, 2013 at 102 plus accrued interest to the redemption date.

The following bonds are affected:

• $1,085,000 of 5% bonds due Jan. 1, 2014;

• $1.14 million of 5% bonds due Jan. 1, 2015;

• $1,195,000 of 5% bonds due Jan. 1, 2016;

• $1.85 million of 4.25% bonds due Jan. 1, 2017;

• $2.46 million of 5.125% bonds due Jan. 1, 2018;

• $2,585,000 of 5.125% bonds due Jan. 1, 2019;

• $2.72 million of 4.625% bonds due Jan. 1, 2020;

• $2,845,000 of 5% bonds due Jan. 1, 2021;

• $2,985,000 of 4.75% bonds due Jan. 1, 2022;

• $9,865,000 of 5% bonds due Jan. 1, 2025;

• $7,425,000 of 5.125% bonds due Jan. 1, 2027; and

• $22.12 million of 5% bonds due Jan. 1, 2032.

U.S. Bank, NA is the trustee.


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