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Published on 5/8/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Greater Richmond Convention, Va., calls $124.82 million hotel tax bonds

By Tali Rackner

Norfolk, Va., May 8 – The Greater Richmond Convention Center Authority, Va., said it will redeem $124,815,000 of its series 2005 hotel tax revenue refunding bonds on June 15, according to a notice.

The following will be redeemed at par plus accrued interest to the redemption date:

• $4,855,000 of 5% bonds due June 15, 2016;

• $5.1 million of 5% bonds due June 15, 2017;

• $4 million of 5% bonds due June 15, 2018;

• $1.35 million of 4% bonds due June 15, 2018;

• $5,605,000 of 5% bonds due June 15, 2019;

• $5.88 million of 5% bonds due June 15, 2020;

• $5.12 million of 5% bonds due June 15, 2021;

• $1.06 million of 4.125% bonds due June 15, 2021;

• $6.48 million of 5% bonds due June 15, 2022;

• $6.8 million of 5% bonds due June 15, 2023;

• $7,145,000 of 5% bonds due June 15, 2024;

• $7.5 million of 5% bonds due June 15, 2025;

• $43,515,000 of 5% bonds due June 15, 2030; and

• $20,405,000 of 4.5% bonds due June 15, 2032.

Wells Fargo Bank, NA is the trustee.


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