Bond Redemptions

October 29, 1992|By Bloomberg Business News

PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of 12 issues totaling more than $163.8 million.

2` The issues being called are: * Hollywood-Burbank-Pasadena Air Port Authority, Calif., Series airport revenue bonds maturing June 1, 1993, through June 1, 1995, and June 1, 2010. $7.585 million called on Dec. 1, 1992, at par plus a premium of 1/4 of 1 percent between the redemption date and the maturity date not to exceed 2 1/2 percent.

* Orange County, Calif., Series 1985 E, apartment development revenue bonds, current interest bonds maturing May 1 and Nov. 1, 1993, through May 1 and Nov. 1, 1995, and capital appreciation bonds maturing Nov. 1, 2005. All of the above outstanding current interest bonds called at par on Nov. 1, 1992, and all capital appreciation bonds called on Nov. 1, 1992, at 100 percent of accreted value.

* Cape Coral Health Facilities, Fla., Series 1985, hospital revenue bonds maturing Dec. 1, 1993, through Dec. 1, 1998, Dec. 1, 2005, and Dec. 1, 2015. All outstanding bonds called at 103 on Dec. 1, 1992.

* Litchfield, Minn., Series 1985, general obligation bonds maturing Nov. 1, 1993 through Nov. 1, 1995. All outstanding bonds called at par on Nov. 1, 1992.

Highland Park, N.J., Series 1985, general obligation general improvement bonds maturing Oct. 15, 1993, through Oct. 15, 1997. All outstanding bonds called at 101 on Dec. 1, 1992.

pTC * Port Authority of New York and New Jersey, N.Y., Series 1982, consolidated bonds 50th Series maturing Dec. 1, 2017. $99.5 million called at 103 on Dec. 1, 1992.

Cambridge, Ohio, Series 1982, hospital improvement revenue bonds maturing Dec. 1, 2002 and Dec. 1, 2012. $10.410 million called at 103 on Dec. 1, 1992.

* Ohio State Air Quality Development Authority, Series 1979, small business revenue bonds maturing June 1, 1993, through June 1, 1999. All outstanding bonds called at 102 on Dec. 1, 1992.

* Lake Oswego, Ore., Series 1980, general obligation improvement bonds maturing Dec. 1, 1993 through Dec. 1, 2000. All outstanding bonds called at par on Dec. 1, 1992.

* Beaver County Hospital Authority, Pa., Series 19777, hospital gross revenue bonds maturing July 1, 1995, and July 1, 2010. $44.275 million called at 100 1/2 on Nov. 27, 1992.

* Rutherford County Health and Educational Facilities Board, Tenn., Series 1982, first mortgage revenue bonds maturing Dec. 1, 1993, through Dec. 1, 1997, Dec. 1, 2002, and Dec. 1, 2012. $2.07 million called at 102 on Dec. 1, 1992.

* New London, Wis., Series 1982, industrial development revenue bonds maturing Dec. 15, 2017. All outstanding bonds called at par on Nov. 15, 1992.

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