E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/5/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Norfolk, Va., calls $117.71 million of series 1993, 1995 water bonds

By Tali David

Minneapolis, April 5 - The City of Norfolk, Va., called $117,705,000 of its water revenue bonds, series 1993 and 1995, according to separate news releases.

The following series 1993 bonds will be redeemed at par plus accrued interest on May 4:

• $5.02 million of 5.25% bonds due Nov. 1, 2013; and

• $35,035,000 of 5.375% bonds due Nov. 1, 2023.

The following series 1995 bonds will be redeemed at par plus accrued interest on May 4:

• $3,685,000 of 5.75% bonds due Nov. 1, 2012;

• $3,905,000 of 5.75% bonds due Nov. 1, 2013;

• $4.14 million of 5.875% bonds due Nov. 1, 2014;

• $4.39 million of 5.875% bonds due Nov. 1, 2015;

• $26,265,000 of 5.875% bonds due Nov. 1, 2020; and

• $35,265,000 of 5.9% bonds due Nov. 1, 2025.

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.