Cleveland to redeem all 2002 series K waterworks revenue bonds Jan. 1

By Marisa Wong

Madison, Wis., Dec. 2 - City of Cleveland gave notice that it will redeem all of its outstanding 2002 series K waterworks revenue bonds on Jan. 1.

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

The affected bonds include the following:

• $1.58 million of 4% bonds due Jan. 1, 2013;

• $11.875 million of 5.25% bonds due Jan. 1, 2013;

• $185,000 of 4% bonds due Jan. 1, 2014;

• $9.54 million of 5.25% bonds due Jan. 1, 2014;

• $105,000 of 4.125% bonds due Jan. 1, 2015;

• $7.35 million of 5.25% bonds due Jan. 1, 2015;

• $6.065 million of 5.25% bonds due Jan. 1, 2016;

• $25,000 of 4.3% bonds due Jan. 1, 2017;

• $6.37 million of 5.25% bonds due Jan. 1, 2017;

• $6.735 million of 5.25% bonds due Jan. 1, 2018;

• $7.1 million of 5.25% bonds due Jan. 1, 2019;

• $25,000 of 4.6% bonds due Jan. 1, 2020;

• $7.46 million of 5.25% bonds due Jan. 1, 2020;

• $30,000 of 4.7% bonds due Jan. 1, 2021;

• $7.855 million of 5.25% bonds due Jan. 1, 2021;

• $8.3 million of 5% bonds due Jan. 1, 2022;

• $8.725 million of 5% bonds due Jan. 1, 2023;

• $18.15 million of 5% bonds due Jan. 1, 2025; and

• $4 million of 5% bonds due Jan. 1, 2033.

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