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Published on 7/19/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

JEA, Fla., calls $145.34 million water and sewer system revenue bonds

By Ashley Montgomery

Kansas City, Kan., July 19 - JEA of Florida will redeem portions of its water and sewer system revenue bonds, according to a notice.

The $145,335,000 of bonds will be redeemed on Aug. 17 at par plus accrued interest to the redemption date.

The following bonds are affected:

• $2.23 million of 4.625% series 2003C subordinated bonds due Oct. 1, 2033;

• $15,505,000 of 4.75% series 2003C subordinated bonds due Oct. 1, 2043;

• $8.61 million of 4.375% series 2004C subordinated bonds due Oct. 1, 2034;

• $5.5 million of 4.75% series 2006A subordinated bonds due Oct. 1, 2036;

• $4.13 million of 4.5% series 2007A subordinated bonds due Oct. 1, 2038;

• $6.2 million of 4.5% series 2007A subordinated bonds due Oct. 1, 2043;

• $6,175,000 of 4.625% series 2005A bonds due Oct. 1, 2035;

• $51.69 million of 4.5% series 2005C bonds due Oct. 1, 2037;

• $3,685,000 of 4.5% series 2007A bonds due Oct. 1, 2032;

• $21,075,000 of 4.5% series 2007A bonds due Oct. 1, 2037; and

• $20,535,000 of 4.5% series 2007A bonds due Oct. 1, 2041.

U.S. Bank, NA is the trustee.


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