Bond redemptions

August 08, 1992|By Bloomberg Business News

PRINCETON, N.J — PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of nine issues totaling more than $3.705 million.

The issues being called are:

* Clovis, Calif., Series 1977 C, unified school district bonds maturing March 1, 1993 through March 1, 2000. All outstanding bonds called at a redemption price of the par amount of the bonds, plus accrued interest, plus a premium of one-quarter of one percent (1/4 of 1%) of such principal for each year or fraction thereof, if any, remaining between the date fixed for redemption and the fixed maturity date on Sept. 1, 1992.

* Clovis, Calif., Series 1975 A, unified school district bonds maturing March 1, 1993 through March 1, 1995. All outstanding bonds called at a redemption price of the par amount of the bonds, plus accrued interest, plus a premium of one-quarter of one percent (1/4 of 1%) of such principal for each year or fraction thereof, if any, remaining between the date fixed for redemption and the fixed maturity date on Sept. 1, 1992.

* Placerville, Calif., Series 1986, improvement bonds maturing Sept. 2, 1993 through Sept. 2, 1997. All outstanding bonds called at 105 on Sept. 2, 1992.

* Placerville, Calif., Series 1989, improvement bonds maturing Sept. 2, 1993 through Sept. 2, 2004. All outstanding bonds called at 103 on Sept. 2, 1992.

* San Buenaventura, Calif., Series 1982 C, sewer revenue bonds maturing Sept. 1, 1993 through Sept. 1, 2002. $2.555 million called at a premium of one-fourth of one percent (1/4 of 1%) of such principal amount for each whole year or fraction thereof remaining between the date fixed for redemption and their respective stated maturities on Sept. 1, 1992.

* Lincoln, Neb., Series 1979, distribution facilities electric system revenue bonds maturing Sept. 1, 1993 through Sept. 1, 1999 and All outstanding bonds called at 102 on Sept. 1, 1992.

* Lincoln, Neb., Series 1979, power supply facilities electric system revenue bonds maturing Sept. 1, 1993 through Sept. 1, 1999, 2004 and 2015. All outstanding bonds called at 102 on Sept. 1, 1992.

* Lincoln, Neb., Series 1980, power supply facilities electric system revenue bonds maturing Sept. 1, 1993 through Sept. 1, 2000, 2005, 2010 and 2016. All outstanding bonds called at 102 on Sept. 1, 1992.

* Amherst, Va., Series 1973, industrial development revenue bonds maturing Sept. 1, 1993. Partial call of $1.15 million at par on Sept. 1, 1992.

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