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Published on 10/31/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Miami, Fla. calls $2.83 million pension bonds for redemption on Dec.1

By Ashley Montgomery

Kansas City, Kan., Oct. 31 - The City of Miami, Fla. said it would redeem $2.83 million of its series 1995 and series 2009 revenue bonds.

The bonds will be redeemed at par plus interest to the redemption date on Dec. 1.

The affected bonds include $2.065 million of 7% taxable pension series 1995 revenue bonds due Dec. 1, 2015 and $765,000 of 4.75% taxable pension series 2009 refunding revenue bonds due Dec. 1, 2013.

The agent is U.S. Bank, NA.


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