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Published on 8/20/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Michigan Finance calls all $76 million of 2012A local government bonds

By Tali David

Minneapolis, Aug. 20 - The Michigan Finance Authority called all $76 million of its series 2012A City of Detroit limited tax general obligation local government loan program third-lien revenue bonds, according to a redemption notice.

The bonds, which are due Jan. 15, 2013, will be redeemed at par plus accrued interest on Aug. 23.

U.S. Bank, NA is the trustee.


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