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Published on 1/29/2016 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Mississippi Development Bank calls $95.63 million series 2006A bonds

By Tanya Meyer

Chicago, Jan. 29 – Mississippi Development Bank plans to redeem $95,625,000 of its series 2006A special obligation bonds for the MEAM Power Supply Project, according to a notice.

The following bonds, originally issued on June 8, 2006, will be redeemed on March 1 at par plus accrued interest up to, but excluding, the redemption date:

• $1,830,000 of 5% bonds due March 1, 2017;

• $1,920,000 of 5% bonds due March 1, 2018;

• $2,015,000 of 5% bonds due March 1, 2019;

• $2,120,000 of 5% bonds due March 1, 2020;

• $2,225,000 of 5% bonds due March 1, 2021;

• $2,335,000 million of 5% bonds due March 1, 2022;

• $2,450,000 million of 5% bonds due March 1, 2023;

• $8,115,000 of 5% bonds due March 1, 2026;

• $16,465,000 of 5% bonds due March 1, 2031;

• $21,015,000 of 5% bonds due March 1, 2036; and

• $35,135,000 of 5% bonds due March 1, 2041.

Wells Fargo Bank, NA is the trustee.


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