Bond Redemptions

May 13, 1993|By Bloomberg Business News

PRINCETON, N.J. -- Municipal bond issuers announced yesterday the early redemption of 15 issues totaling more than $300 million.

1! The issues being called are: * Alaska Housing Finance Corp., general purpose bonds, Series maturing June 1, and Dec. 1, from Dec. 1, 1993, through June 1, 1997; and variable rate Series 1990B, maturing Dec. 1, 1997. $89.4 million called at par on June 1, 1993.

* Sacramento County, Calif., single family mortgage revenue bonds, Series 1983, maturing Dec. 1, 1993, through Dec. 1, 1997, Dec. 1, 2005, and June 1, 2016; and Series 1984, maturing Dec. 1, 1993, through Dec. 1, 1998, Dec. 1, 2003, Dec. 1, 2009, and Dec. 1, 2017. $84.975 million in current interest bonds called in full at par and $487,467 in tax exempt accumulator bonds called in part at 100 percent of their accreted value on June 1, 1993.

* Muskogee County, Okla., Home Finance Authority, Series 1979A, single family mortgage revenue bonds, maturing Dec. 1, 1993, through Dec. 1, 1998. $3.4 million called at 101 1/2 on June 1, 1993.

* Carlisle, Pa., Suburban Authority, Series 1988, water revenue bonds, maturing June 1, 1994, through June 1, 2003, June 1, 2008, and June 1, 2013. $1.6 million called at par on June 1, 1993.

* Lehigh County, Pa., General Purpose Authority, Series 1983, bonds (St. Luke's Hospital), maturing June 1, 1994, through June 1, 1996, June 1, 2003, and June 1, 2013. $27.88 million called at 101 on June 1, 1993.

* McKeesport, Pa., Hospital Authority, Series 1978, hospital gross revenue refunding and improvement bonds (McKeesport Hospital), maturing July 1, 1993, July 1, 1994, and July 1, 2008. $16.23 million called at par on June 1, 1993.

* Montgomery County, Pa., Higher Education and Health Authority, Series 1988, revenue bonds (St. Joseph's University), maturing Dec. 1, 1993, through Dec. 1, 2003, and Dec. 1, 2006. $12.29 million called at par on June 1, 1993.

* Monroeville, Pa., Water Authority, Series 1983, water revenue refunding bonds, maturing Dec. 1, 1993, and June 1, 2002. All outstanding bonds called at par on June 1, 1993.

* South Carolina, Series NN (1986), state capital improvement bonds, maturing June 1, 1996, and June 1, 1997. $20.1 million called at 102 on June 1, 1993.

* Memphis, Tenn., sanitary sewerage system revenue bonds, Series 1985B, ACES maturing Nov. 1, 1997; and Series 1985C, ACES maturing Nov. 1, 2001. $12 million called at par on June 1, 1993.

* Tyler, Tex., Health Facilities Development Corp., Series 1989, hospital revenue bonds (East Texas Hospital Foundation), maturing Sept. 1, 2009. $19 million called at par on June 1, 1993.

* Weber County, Utah, School District, Series 1985A, GO refunding bonds, maturing June 1, 1994, through June 1, 1997. $14.8 million called at 101 on June 1, 1993.

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