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Published on 6/4/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

South Carolina calls $41.71 million 2002B school facilities bonds

By Ashley Montgomery

Kansas City, Kan., April 30 - South Carolina will redeem its series 2002B general obligation state school facilities bonds due on or after July 1, 2013, according to a notice.

The bonds will be redeemed July 1 at 101, plus accrued interest to the redemption date.

The following bonds are affected:

• $7,545,000 5% bond no. R-11 due July 1, 2013;

• $7.93 million bond no. R-12 due July 1, 2014;

• $8.32 million 3% bond no. R-13 due July 1, 2015;

• $8.74 million 3% bond no. R-14 due July 1, 2016; and

• $9,175,000 3% bond no. R-15 due July 1, 2017.

U.S. Bank, NA is the agent.


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