Mississippi Business Finance says revenue bonds have mandatory tender

By Ashley Montgomery

Kansas City, Kan., Dec. 14 - Mississippi Business Finance Corp. said its first series 2010 Mississippi Power Co. project revenue bonds are subject to mandatory tender on Jan. 15, 2013.

Also on Jan. 15, the interest rate determination method will be changed to a new long-term rate.

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

Hancock Bank is the trustee.

Mississippi Business Finance is a Jackson, Miss.-based financing company.

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