South Carolina defeases $13.79 million of its series 2005C G.O bonds

By Tali David

Minneapolis, May 14 - The State of South Carolina defeased $13.79 million of its state economic development general obligation bonds, series 2005C, according to a defeasance notice.

The following bonds will be redeemed at par on Aug. 1, 2015:

• $1,725,00 of 5.25% bonds due Aug. 1, 2016;

• $1,795,000 of 5% bonds due Aug. 1, 2017;

• $1,875,000 of 4.25% bonds due Aug. 1, 2018;

• $1.96 million of 4.25% bonds due Aug. 1, 2019;

• $2.05 million of 4.25% bonds due Aug. 1, 2020;

• $2,145,000 of 4.25% bonds due Aug. 1, 2021; and

• $2.24 million of 4.5% bonds due Aug. 1, 2022.

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