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Georgia to redeem $273.19 million outstanding 2006H demand bonds
By Marisa Wong
Madison, Wis., June 24 - The State of Georgia said it will redeem the $273.19 million outstanding principal amount of its $300 million variable-rate demand bonds, series 2006H-1, 2006H-2 and 2006H-3, in full on July 14.
The bonds will be redeemed at par plus accrued interest to the redemption date.
The redemption includes the following bonds:
• $91.06 million of 2006H-1 bonds due Dec. 1, 2026;
• $91.06 million of 2006H-2 bonds due Dec. 1, 2026; and
• $91.07 million of 2006H-3 bonds due Dec. 1, 2026.
The Bank of New York Mellon Trust Co., NA is the agent.
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