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

Michigan Municipal Bond calls state clean water, drinking water bonds

By Marisa Wong

Madison, Wis., Aug. 31 - Michigan Municipal Bond Authority gave notice that it will redeem portions of its 2002 state clean water and state drinking water bonds on Oct. 1.

Specifically, the authority will redeem at par

• $30,685,000 of its outstanding state drinking water revolving fund revenue refunding bonds, series 2002;

• All $48.45 million of its outstanding state drinking water revolving fund revenue bonds, drinking water pooled project series 2002;

• $122,225,000 of its outstanding state clean water revolving fund revenue refunding bonds, series 2002; and

• All $125,395,000 outstanding state clean water revolving fund revenue bonds, clean water pooled project series 2002.


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