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Published on 8/31/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

JEA, Fla., calls $91.88 million of St. Johns River Power Park bonds

By Marisa Wong

Madison, Wis., Aug. 31 - JEA gave notice that it will redeem $91.88 million of its St. Johns River Power Park System issue two, series 22, refunding revenue bonds on Oct. 1.

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

• $3,455,000 of 3.75% bonds due Oct. 1, 2013;

• $42.79 million of 4% bonds due Oct. 1, 2014;

• $45.59 million of 4% bonds due Oct. 1, 2016; and

• $45,000 of 4% bonds due Oct. 1, 2019.

JEA is an electric utility based in Jacksonville, Fla. The St. Johns River electric generation facility is also located in Jacksonville, Fla.


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