By Sheri Kasprzak
New York, Oct. 13 - The Industrial Development Authority of Pima County in Arizona sold $80.41 million in series 2009 tax-exempt pollution control revenue bonds, according to a form 8-K filed with the Securities and Exchange Commission. The bonds were sold on behalf of Tucson Electric Power Co.
The 4.95% bonds are due Oct. 1, 2020.
Proceeds will be used to redeem on Nov. 2, 2009, at par, the 6.95% bonds previously issued by Farmington, N.M., for the benefit of Tucson Electric.
| Issuer: | Industrial Development Authority of Pima County/Tucson Electric
|
| Issue: | Series 2009 tax-exempt pollution control revenue bonds
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| Amount: | $80.41 million
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| Maturity: | Oct. 1, 2020
|
| Coupon: | 4.95%
|
| Pricing date: | Oct. 8
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