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Published on 7/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Massachusetts Water Resources calls all 2002B revenue bonds at 101

By Marisa Wong

Madison, Wis., July 1 - Massachusetts Water Resources Authority said it will redeem its 2002 series B refunded and non-refunded general revenue bonds in full on Aug. 1.

The bonds will be redeemed at 101 plus accrued interest to the redemption date.

Affected are the following bonds:

• $2.34 million of 5.25% bonds due Aug. 1, 2012;

• $2.47 million of 5.25% bonds due Aug. 1, 2013;

• $2.605 million of 5.5% bonds due Aug. 1, 2014;

• $2.755 million of 5.5% bonds due Aug. 1, 2015;

• $2.915 million of 5.5% bonds due Aug. 1, 2016;

• $3.08 million of 5.5% bonds due Aug. 1, 2017;

• $3.26 million of 5.5% bonds due Aug. 1, 2018;

• $3.43 million of 5.5% bonds due Aug. 1, 2019;

• $3.61 million of 5.5% bonds due Aug. 1, 2020;

• $3.79 million of 5% bonds due Aug. 1, 2021;

• $19.35 million of 5.2% bonds due Aug. 1, 2022;

• $20.32 million of 5.25% bonds due Aug. 1, 2023;

• $21.335 million of 5.25% bonds due Aug. 1, 2024; and

• $70.625 million of 5.125% bonds due Aug. 1, 2027.

The Boston-based authority provides wholesale water and sewer services to metropolitan Boston communities.


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