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Kansas Turnpike defeases $10.53 million of series 2003A revenue bonds
By Tali David
Minneapolis, June 8 - The Kansas Turnpike Authority defeased $10.53 million of its series 2003A turnpike refunding revenue bonds, according to a defeasance notice.
The following 4% bonds will be redeemed at par plus accrued interest on Sept. 1, 2013:
• $1,945,000 of bonds due Sept. 1, 2014;
• $2,025,000 of bonds due Sept. 1, 2015;
• $2,105,000 of bonds due Sept. 1, 2016;
• $2.19 million of bonds due Sept. 1, 2017; and
• $2,265,000 of bonds due Sept. 1, 2018.
Following the transactions, $42.16 million on these series of bonds will remain outstanding.
The Security Bank of Kansas City is the trustee.
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