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Kentucky Municipal Power defeases 2007A Prairie State power system revs
By Tali Rackner
Norfolk, Va., April 10 – The Kentucky Municipal Power Agency plans to redeem its series 2007A Prairie State project power system revenue bonds, according to a notice.
The following will be redeemed at par plus accrued interest on Sept. 1, 2017:
• $680,000 of bonds due Sept. 1, 2015, to be redeemed at maturity;
• $710,000 of bonds due Sept. 1, 2016, to be redeemed at maturity;
• $5,405,000 of bonds due Sept. 1, 2017;
• $5.7 million of bonds due Sept. 1, 2018;
• $6,005,000 of bonds due Sept. 1, 2019;
• $6.33 million of bonds due Sept. 1, 2020;
• $6.67 million of bonds due Sept. 1, 2021;
• $7.03 million of bonds due Sept. 1, 2022;
• $7.41 million of bonds due Sept. 1, 2023;
• $7.81 million of bonds due Sept. 1, 2024;
• $8.23 million of bonds due Sept. 1, 2025;
• $8,675,000 of bonds due Sept. 1, 2026;
• $1,815,000 of bonds due Sept. 1, 2027;
• $7.32 million of bonds due Sept. 1, 2027;
• $9.61 million of bonds due Sept. 1, 2028;
• $20.73 million of bonds due Sept. 1, 2032;
• $15,075,000 of bonds due Sept. 1, 2037; and
• $88,375,000 of bonds due Sept. 1, 2042.
Regions Bank is the escrow trustee.
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