South Carolina Jobs calls portion of 2004 MUFC Central Energy bonds

By Tali David

Minneapolis, Aug. 2 - The South Carolina Jobs-Economic Development Authority called $1.59 million of its MUFC Central Energy Project series 2004 economic development revenue bonds, according to a notice of mandatory redemption.

The bonds, which are due Sept. 1, 2031, will be redeemed at par plus accrued interest on Sept. 1.

Following the transaction, $49,075,000 will remain outstanding.

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

The Columbia, S.C.-based authority promotes the business and economic welfare of South Carolina by financing public and private projects. MUFC is an energy plant that serves the Charleston, S.C.-based Medical University of South Carolina.

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