Bond redemptions

August 11, 1992|By Bloomberg Business News

PRINCETON — PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of seven issues totaling more than $1.335 million.

The issues being called are: * Delaware, Series 1982 A, general obligation bonds maturing Sept. 1, 1993, through Sept. 1, 2002. All outstanding bonds called at 103 on Sept. 1, 1992.

* Minneapolis, Minn., Series 1983, industrial development revenue bonds maturing March 1, 2013. All outstanding bonds called at par on Sept. 1, 1992.

* Clarion-Limestone, Pa., Series 1976, general obligation school district bonds maturing Sept. 1, 1996, and Sept. 1, 2002. All outstanding bonds called at par on Sept. 1, 1992.

* Johnstown Housing Authority, Pa., Series 1984, mortgage revenue bonds maturing Feb. 1 and Aug. 1, 1993, through Aug. 1, 1995, and Feb. 1, 2026. All outstanding current interest bonds called at par and all capital appreciation bonds called at 100% of their accreted value on Aug. 8, 1992.

* Potter County, Pa., Series 1983, industrial development revenue bonds maturing Sept. 15, 1993, through Sept. 15, 1995, and Sept. 15, 1998. $1.335 million called at par on Sept. 1, 1992. The redemption is contingent upon the issuance of a refunding bond issue on or prior to the date of redemption.

* Sioux Falls, S.D., Series 1986, economic development revenue bonds maturing Sept. 1, 1993, 2007, and 2016. All outstanding bonds called at 101 on Sept. 1, 1992.

* Hopewell, Va., Series 1980, industrial development revenue bonds maturing March 1, 2000, and March 1, 2010. All outstanding bonds called at 102 on Sept. 1, 1992.

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