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Arizona defeases $123.01 million multipurpose stadium facility bonds
By Tali David
Minneapolis, July 24 - The Arizona Sports and Tourism Authority defeased $123.01 million of its series 2003A Multipurpose Stadium Facility Project senior revenue bonds, according to a notice of advance refunding.
The following bonds will be redeemed at par plus accrued interest on July 1, 2013:
• $2.81 million of bonds due July 1, 2014;
• $2,955,000 of bonds due July 1, 2015;
• $3.11 million of bonds due July 1, 2016;
• $2.36 million of bonds due July 1, 2017;
• $5 million of bonds due July 1, 2025;
• $8,805,000 of bonds due July 1, 2025;
• $14.48 million of bonds due July 1, 2026;
• $15.17 million of bonds due July 1, 2027;
• $15.85 million of bonds due July 1, 2028;
• $16,645,000 of bonds due July 1, 2029;
• $17,475,000 of bonds due July 1, 2030; and
• $18.35 million of bonds due July 1, 2031.
The Bank of New York Trust Co., NA is the trustee.
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