North Carolina Eastern Municipal Power defeases series 1993B bonds

By Wendy Van Sickle

Columbus, Ohio, Aug. 6 – The North Carolina Eastern Municipal Power Agency defeased $333,545,000 of power system revenue bonds, series 1993B, according to a notice.

The defeased bonds include

• $97.79 million of 6% bonds due Jan. 1, 2018;

• $157.74 million of 6% bonds due Jan. 1, 2022;

• $45.03 million of 6.25% bonds due Jan. 1, 2023;

• $19,875,000 of 6.25% bonds due Jan. 1, 2025; and

• $16.11 million of 6% bonds due Jan. 1, 2026.

U.S. Bank NA is the agent.

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