District of Columbia to redeem $2.5 million of Washington Drama bonds

By Tali David

Minneapolis, Dec. 11 - The District of Columbia plans to redeem $2.5 million of its Washington Drama Society, Inc. series 2008 variable-rate demand revenue bonds, according to a notice of optional redemption.

The bonds, which are due July 1, 2047, will be redeemed at par plus accrued interest on Feb. 1.

Wells Fargo Bank, NA is the trustee and fiscal agent.

The Washington Drama Society is based in Arlington, Va.

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