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Published on 6/8/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Montgomery County, Tenn., calls some of its 1999, 2008 revenue bonds

By Tali David

Minneapolis, June 8 - The Public Building Authority of the County of Montgomery, Tenn., plans to redeem a portion of its Tennessee County loan pool adjustable-rate pooled financing revenue bonds, series 1999 and 2008, according to two redemption notices.

The bonds will be redeemed at par plus accrued interest on July 2.

The authority will redeem $5,565,000 of its 1999 bonds due Sept. 1, 2029 and $6.45 million of its 2008 bonds due July 1, 2038.

The Bank of New York Mellon Trust Co., NA is the trustee.

The Nashville-based fund creates and administers loan programs for cities and counties in Tennessee.


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