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PRICING SUPPLEMENT DATED DECEMBER 6, 1996 RULE 424(b)(3)
(TO PROSPECTUS DATED DECEMBER 6, 1996 AND FILE NO. 333-14401
PROSPECTUS SUPPLEMENT DATED DECEMBER 6, 1996)
COLONIAL REALTY LIMITED PARTNERSHIP
MEDIUM-TERM NOTES - FIXED RATE
CUSIP NO. 195896 AA 3
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AGGREGATE PRINCIPAL AMOUNT: $50,000,000 INTEREST RATE: 7.05%
AGENTS DISCOUNT OR COMMISSION: .60% STATED MATURITY DATE: 12/15/03
NET PROCEEDS TO ISSUER $49,700,000 ORIGINAL ISSUE DATE: 12/11/96
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Interest Payment Dates: June 15 and December 15, commencing on June 15, 1997
Redemption:
[X] The Notes cannot be redeemed prior to the Stated Maturity Date.
[_] The Notes may be redeemed prior to the Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction: ______% until Redemption Percentage
is 100% of the principal amount
Optional Repayment:
[X] The Notes cannot be repaid prior to the Stated Maturity Date
[_] The Notes can be repaid prior to the Stated Maturity Date at the option of
the holder of the Notes.
Option Repayment Dates:
Repayment Price: _____%
Currency:
Specified Currency: U.S. Dollars
(If other than U.S. dollars, see attached)
Minimum Denominations: $1,000
(Applicable only if Specified Currency is other than U.S. dollars)
Original Issue Discount: [_] Yes [X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Form: [X] Book-Entry [_] Certificated
Principal Amount offered to or through each agent,
$12,500,000 Merrill Lynch & Co., acting as [X] agent [_] principal
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$12,500,000 Lehman Brothers Inc., acting as [X] agent [_] principal
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$12,500,000 J.P. Morgan & Co., acting as [X] agent [_] principal
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$12,500,000 UBS Securities LLC, acting as [X] agent [_] principal
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If as principal:
[_] The Notes are being offered at varying prices related to prevailing
market prices at the time of resale
[_] The Notes are being offered at a fixed initial public offering price of
_____% of principal amount.
If as Agent:
The Notes are being offered at a fixed initial public offering price of 100%
of Principal Amount.
Other Provisions:
