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Published on 4/15/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

South Carolina Jobs-Economic calls $355,000 of MUFC Central bonds

By Melissa Kory

Cleveland, April 15 - The South Carolina Jobs-Economic Development Authority said it will redeem $355,000 of its $52.535 million of series 2004 variable-rate MUFC Central Energy Project economic development revenue bonds due Sept. 1, 2031.

The bonds will be redeemed on May 13 at par, plus accrued interest to the redemption date.

Bank of New York Mellon is the redemption agent.

The purpose of the Columbia, S.C.-based authority is to develop the business and economic welfare of the State of South Carolina.


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