Florida Board of Education redeems $220.37 million of 1998C bonds

By Marisa Wong

Milwaukee, Sept. 17 - The State Board of Education of Florida gave notice that it redeemed $220.37 million of its outstanding State of Florida, Full Faith and Credit, State Board of Education Public Education Capital Outlay refunding bonds, 1998 series C, on Sept. 10.

The redemption price was par, plus accrued interest up to the redemption date.

U.S. Bank Trust NA was the trustee or agent.

The following bonds were affected:

• $9.13 million of 5% bonds due 2010;

• $9.59 million of 5% bonds due 2011;

• $10.04 million of 5.125% bonds due 2012;

• $10.6 million of 5.125% bonds due 2013;

• $11.15 million of 5.125% bonds due 2014;

• $11.68 million of 5.125% bonds due 2015;

• $12.31 million of 5% bonds due 2016;

• $12.91 million of 5% bonds due 2017;

• $13.5 million of 4.5% bonds due 2018;

• $14.11 million of 4.5% bonds due 2019;

• $46.36 million of 4.5% bonds due 2022.

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