Bond Redemptions

December 01, 1992|By Bloomberg Business News

PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of four issues totaling more than $4.1 million.

0 The issues being called are: * Pasadena, Calif., Series 1980, electric works revenue bonds maturing July 1, 2010. All of the above outstanding bonds called at 102 1/2 on Jan. 1, 1993.

* Lake County Housing Finance Corporation, Ill., Series 1982, mortgage revenue bonds. Current interest bonds maturing July 1, 1993, Jan. 1 and July 1, 1994 through Jan. 1 and July 1, 1996. Compound interest bonds maturing Jan. 1, 2001, and Jan. 1, 2006. All outstanding bonds called at 103. Current interest bonds called at 103, compound interest bonds called at 103 percent of compounded value.

* Whiteland Community High School Building Corp., Ind., Series 1982, first mortgage bonds maturing July 1, 1996, through July 1, 2002. $2.34 million called at 102 on Jan. 1, 1993.

* Becker Independent School District, Minn., Series 1978, general obligation bonds maturing Feb. 1, 1994, through Feb. 1, 1997. $1.75 million called at par on Feb. 1, 1993.

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