Louisiana environmental authority calls all $55 million of BRCC bonds

By Tali David

Minneapolis, Nov. 1 - The Louisiana Local Government Environmental Facilities and Community Development Authority called $55 million of its series 2002 BRCC Facilities Corp. Project revenue bonds in full, according to a redemption notice.

The following bonds will be redeemed at par plus applicable premium on Dec. 1:

• $1,735,000 of 5.375% bonds due Dec. 1, 2014;

• $1.83 million of 5.375% bonds due Dec. 1, 2015;

• $1.93 million of 5.375% bonds due Dec. 1, 2016;

• $2,035,000 of 5.375% bonds due Dec. 1, 2017;

• $2.15 million of 5.375% bonds due Dec. 1, 2018;

• $2,265,000 of 5.375% bonds due Dec. 1, 2019;

• $2,395,000 of 5.375% bonds due Dec. 1, 2020;

• $2,525,000 of 5.375% bonds due Dec. 1, 2021;

• $2,665,000 of 5.375% bonds due Dec. 1, 2022;

• $12,105,000 of 5% bonds due Dec. 1, 2026;

• $23,365,000 of 5% bonds due Dec. 1, 2032.

Bank of New York Mellon Trust Co., NA is the agent.

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