Bond Redemptions Ltc

December 17, 1992|By Bloomberg Business News

PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of seven issues totaling more than $135.8 million.

The issues being called are: * Mobile Industrial Development Board, Ala., Series 1982, industrial development revenue bonds (Air Products and Chemicals Inc. Project) maturing Dec. 1, 2002. All outstanding bonds called at 102 on Jan. 4, 1993.

* Page, Ariz., Series 1986, electric system revenue bonds maturing July 1, 1993 through July 1, 2006. $8.475 million called at 102 on Jan. 1, 1993.

* Greater Orlando Aviation Authority, Fla., Series 1984, airport facilities revenue refunding bonds maturing Oct. 1, 1993 through Oct. 1, 1998. $24.71 million called at 101 on Jan. 14, 1993.

* Greater Orlando Aviation Authority, Fla., Series 1978, airport facilities revenue bonds maturing Oct. 1, 2000 and Oct. 1, 2008. $79.6 million called at 100 1/2 on Jan. 14, 1993.

* New Orleans Exhibition Hall Authority, La., Series 1983, hotel occupancy tax refunding bonds maturing Jan. 15 and July 15, 1994 through Jan. 15 and July 15, 1998. $18.895 million called at 103 on Jan. 15, 1993.

* Michigan Public Power Agency, Series 1983, revenue bonds (Belle River Project) maturing Jan. 1, 2003. All of the above outstanding bonds called at 103 on Jan. 1, 1993.

* Michigan State Housing Development Authority, Series 1984 A, multifamily insured housing bonds maturing July 1, 2004. Partial call of $4.115 million at par on Jan. 1, 1993.

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