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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 5/18/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Charlotte, N.C., calls all $73 million of its 2002A, 2002C G.O. bonds

By Tali David

Minneapolis, May 18 - The City of Charlotte, N.C., plans to redeem all $73 million of its general obligation bonds, series 2002A and 2002C, according to a redemption notice.

The following 2002A bonds will be redeemed at par plus accrued interest on July 1:

• $1.35 million of bonds due July 1, 2013;

• $1,415,000 of bonds due July 1, 2014;

• $1.48 million of bonds due July 1, 2015;

• $1,555,000 of bonds due July 1, 2016;

• $1,635,000 of bonds due July 1, 2017;

• $1.72 million of bonds due July 1, 2018;

• $1,805,000 of bonds due July 1, 2019;

• $1.9 million of bonds due July 1, 2020;

• $2 million of bonds due July 1, 2021;

• $2.11 million of bonds due July 1, 2022;

• $2.22 million of bonds due July 1, 2023;

• $2.34 million of bonds due July 1, 2024;

• $2,465,000 of bonds due July 1, 2025;

• $2,595,000 of bonds due July 1, 2026; and

• $2,735,000 of bonds due July 1, 2027.

The following 2002C bonds will be redeemed at par plus accrued interest on July 1:

• $1,115,000 of bonds due July 1, 2013;

• $1,165,000 of bonds due July 1, 2014;

• $1,225,000 of bonds due July 1, 2015;

• $1,285,000 of bonds due July 1, 2016;

• $1.35 million of bonds due July 1, 2017;

• $1,415,000 of bonds due July 1, 2018;

• $1.49 million of bonds due July 1, 2019;

• $1.57 million of bonds due July 1, 2020;

• $1.65 million of bonds due July 1, 2021;

• $1.74 million of bonds due July 1, 2022;

• $1.83 million of bonds due July 1, 2023;

• $1.93 million of bonds due July 1, 2024;

• $2,035,000 of bonds due July 1, 2025;

• $2.14 million of bonds due July 1, 2026; and

• $2.26 million of bonds due July 1, 2027.

U.S. Bank, NA is the escrow agent.


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