Florida Board of Education calls $138.45 million lottery revenue bonds

By Tali David

Minneapolis, Dec. 28 - The State of Florida Board of Education plans to redeem $138,445,000 of its full series 2002C lottery revenue bonds, according to a notice.

The following bonds will be redeemed at 101 plus accrued interest on Jan. 1:

• $12,525,000 of 5% bonds due Jan. 1, 2014;

• $13.17 million of 5% bonds due Jan. 1, 2015;

• $13.79 million of 4.25% bonds due Jan. 1, 2016;

• $14,445,000 of 5% bonds due Jan. 1, 2017;

• $15,205,000 of 5.25% bonds due Jan. 1, 2018;

• $16,025,000 of 5.25% bonds due Jan. 1, 2019;

• $16.89 million of 5.25% bonds due Jan. 1, 2020;

• $17,755,000 of 4.75% bonds due Jan. 1, 2021; and

• $18.64 million of 5% bonds due Jan. 1, 2022.

U.S. Bank Trust NA is the paying agent.

The board is based in Tallahassee, Fla.

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