JEA, Fla., calls $80.26 million of 2007A electric system revenue bonds

By Ashley Montgomery

Kansas City, Kan., Aug. 24 - JEA of Florida will redeem $80,255,000 of its 2007 series A electric system subordinated revenue bonds, according to a notice.

The following bonds will be redeemed on Oct. 1 at par plus accrued interest up to the redemption date:

• $715,000 of 5.25% bonds due Oct. 1, 2013;

• $750,000 of 4% bonds due Oct. 1, 2014;

• $1.92 million of 4% bonds due Oct. 1, 2015;

• $2,015,000 of 4% bonds due Oct. 1, 2016;

• $4,115,000 of 4% bonds due Oct. 1, 2017;

• $2.69 million of 4% bonds due Oct. 1, 2018;

• $2,325,000 of 4.35% bonds due Oct. 1, 2019;

• $440,000 of 4.4% bonds due Oct. 1, 2020;

• $2.56 million of 4.45% bonds due Oct. 1, 2021;

• $2.76 million of 4.5% bonds due Oct. 1, 2022;

• $2,765,000 of 4.55% bonds due Oct. 1, 2023

• $3,135,000 of 4.55% bonds due Oct. 1, 2024;

• $2.6 million of 4.6% bonds due Oct. 1, 2025;

• $4.48 million of 4.5% bonds due Oct. 1, 2026;

• $3,715,000 of 4.5% bonds due Oct. 1, 2027;

• $6.79 million of 4.5% bonds due Oct. 1, 2029;

• $11.28 million of 4.625% bonds due Oct. 1, 2032; and

• $25.2 million of 4.75% bonds due Oct. 1, 2037.

The redemption will be funded with proceeds from the issue of 2012 series B electric system subordinated revenue bonds and other available funds.

U.S. Bank, NA is the agent.

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