HomeMy WebLinkAbout0939 • . •
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LFRI~~~(~?~ 1t1:t.i~S'1' 1`,.1'?77 ~1.~`~,d00
'i'hi~ iss~e includes ~85, 00~. 00 ~ 8. 5"16 C:ampounded Sc~mi-Ar~n~~atty. and
~ ~~~~d $5Q. G00. 00 ~ 8. 59~e. `~~o. and 9. S°Jb ~'ou;w?~ I»ierest Rate
S:VK[NG 1~ Uv~ SC:HEDULF:: ~ -
5eries A ~85.OO+D CQ? S. 5°J6 per annum compounded semi-a~nually
~140. 25 per week for one (1) year. the~ ~
153.00 per Week for one (1) year, then ~
. 174. 25 per week for one (i) year, then
- • 195. 50 per week for one (1) year, then ~
.225.25 per week for ten and one-half t10 1/2) years.
. The above schedule aill provide monies sufficient to pay atll principal
and interest when due on the entire ~85, 000. 00.
. Series B ~50, 000 ~ 8. 59~, 996 and 9. 596 Coup~n ~nterest rate _
a 95. 00 per week for tvPO (2) pears, then -
~ 10?. 50 per areek for one (1) year, then
120. 00 per week for one (1) yea~r, then
- 142. 50 per week for six (6) years. .
, The above schedule will prnvide mon~es sufficient to pay all interest
~ on the entire issue and mature, on schedule, ~27, ?50. 00 in principal. -
It does not provide for the principal amount of ~22.250. 00 which wtll
. mature ten ~10) years from the date of isaue and which will be refin-
_ anced if not paid off prior to maturity. - ' ~
~ ~ - Coupo~ Inte rest Rate:
8. 5°~, on bonds matu ring 6 mths tc~ 4 years
9°~ on bonds maturing 4 1/2~years to ? l/2 years
- 9. 596 on bonds matu ring 8_year$ to 10 years. .
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