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Published on 3/28/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Delta County, Mich., calls all MeadWestvaco-Escanaba 2002A, B bonds

By Marisa Wong

Madison, Wis., March 28 - The Economic Development Corp. of the County of Delta, Mich., said it will redeem in full its series 2002A and 2002B MeadWestvaco-Escanaba Paper Co. environmental improvement revenue refunding bonds on April 15.

Affected are $93.5 million of 6.25% series 2002A bonds due April 15, 2027 and $6.7 million of 6.45% series 2002B bonds due April 15, 2023.

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

Citibank, NA is the trustee.

MeadWestvaco is a Richmond, Va.-based packaging company.


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