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Published on 6/6/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Montgomery County authority, Tenn., calls bonds from four series

By Ashley Montgomery

Kansas City, Kan., June 4 - The Public Building Authority of the County of Montgomery, Tenn., will redeem portions of its adjustable-rate pooled financing revenue bonds, according to a notice.

The bonds will be redeemed July 2 at par, plus accrued interest to the redemption date.

The following bonds are affected:

• $5,515,000 of series 2002 bonds due April 1, 2032;

• $2,795,000 of series 1995 bonds due March 1, 2025;

• $5.56 million of series 1999 bonds due Sept. 1, 2029; and

• $2.07 million of series 2004 bonds due July 1, 2034.

The 1995, 1999 and 2002 bonds were issue as part of the Tennessee County loan pool. The 2004 bonds were issued in the Tennessee municipal bond fund.

Bank of New York Mellon is the agent.


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