E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/9/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Baltimore calls three series of Mayor, City Council wastewater bonds

By Tali David

Minneapolis, Dec. 9 - The City of Baltimore plans to redeem three series of its Mayor and City Council of Baltimore wastewater projects refunding revenue bonds, according to multiple notices.

The following bonds will be redeemed at par plus accrued interest to the redemption date:

• $44 million of 2002B auction-rate notes due July 1, 2034;

• $6.8 million of 2005B bonds due July 1, 2018 and 2020; and

• $2,985,000 of 2006C bonds due July 1, 2016 through 2020 and 2023.

The 2002B bonds will be redeemed on Dec. 20, the 2005B bonds will be redeemed on July 1, 2016 and the 2006C bonds will be redeemed on July 1, 2015.

Manufacturers and Traders Trust Co. is the trustee.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.