Bond Redemptions

October 14, 1992|By Bloomberg Business News

PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of 13 issues totaling more than $42.3 million.

2` The issues being called are: * Anniston, Ala., Solid Waste Disposal, Series 1982, resource recovery revenue bonds (Monsanto Co.) maturing Nov. 15, 2012. All of the outstanding bonds called at 103 on Nov. 15, 1992.

* California Student Loan Financing Corp., 1985 Series D, variable rate demand notes maturing Nov. 1, 2002. Partial call of $3.9 million at par on Nov. 4, 1992.

Northern Delaware Industrial Development Corp., Series 1985, first mortgage industrial revenue bonds maturing Nov. 1, 1999. Partial call of $6.337 million at par on Nov. 1, 1992.

* Illinois Housing Development Authority, Residential Mortgage Revenue Bonds, Series 1984 B, capital appreciation bonds maturing Feb. 1, 2000, and Feb. 1, 2001. Partial call of $2.435 million of Feb. 1, 2000, maturity and all outstanding bonds maturing on Feb. 1, 2001, at 100 percent of capital appreciated value on Nov. 1, 1992.

* Illinois Housing Development Authority, Residential Mortgage Revenue Bonds, 1985 Series A, maturing Aug. 1, 2005, 1989 Series C, maturing Aug. 1, 2009, Taxable Series 1990 A, maturing Aug. 1, 1999. Partial call of $4.625 million at par on Nov. 1, 1992.

* Sauget, Ill., Series 1982, pollution control revenue bonds (Monsanto Corp.) maturing Nov. 15, 2012. All outstanding bonds called at 103 on Nov. 15, 1992.

* Muscatine County, Iowa, Series 1982, pollution control revenue bonds (Monsanto Corp.) maturing, Nov. 15, 2012. All outstanding bonds called at 103 on Nov. 15, 1992.

Blaine, Minn., Series 1984, commercial development revenue bonds (Blaine Office Partners Project) maturing May 1, 1984. All outstanding bonds called at 101 on Nov. 1, 1992.

* Medina, Minn., Series 1987, industrial development revenue bonds (Temroc Metals Inc) maturing Nov. 1, 2017. $3.5 million called at par on Nov. 1, 1992.* South Dakota Housing Development Authority, Series 1980 B, home ownership mortgage revenue bonds maturing May 1, 1993, through May 1, 1995, May 1, 2000, and May 1, 2011. $21.495 million called at 102 on Nov. 1, 1992.

* Allegheny County Residential Finance Authority, Pa., Series 1982-A, single family mortgage revenue bonds maturing May 1, 1993, Nov. 1, 1993, and Nov. 1, 1997. All outstanding bonds called at par on Nov. 1, 1992.

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