Michigan Strategic Fund calls series 1999A, B, C Detroit Edison bonds

By Marisa Wong

Madison, Wis., Aug. 5 - Michigan Strategic Fund said that it will redeem its series 1999A, 1999B and 1999C Detroit Edison bonds in full on Sept. 2.

The affected bonds include $118.36 million of 5.55% 1999A bonds due Sept. 1, 2029; $39.745 million of 5.65% 1999B bonds due Sept. 1, 2029; and $66.565 million of 5.65% 1999C bonds due Sept. 1, 2029.

The bonds will be redeemed at par.

Michigan Strategic Fund is a board of the Michigan Economic Development Corp. Detroit Edison is an electric utility that serves southeastern Michigan.

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