Norfolk, Va., calls $5.4 million series 2002 bonds for redemption

By Devika Patel

Knoxville, Tenn., Nov. 22 - The City of Norfolk, Va., announced that it has called for optional redemption $5.4 million of its series 2002 general obligation capital improvement and refunding bonds at par plus interest to Jan. 1, the redemption date.

Affected are the following bonds:

• $1.35 million of 4.625% bonds due Jan. 1, 2016;

• $1.35 million of 4.75% bonds due Jan. 1, 2017;

• $1.35 million of 4.75% bonds due Jan. 1, 2018; and

• $1.35 million of 4.875% bonds due Jan. 1, 2019.

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