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Ohio Building defeases $52.67 million of 2005A Administrative bonds
By Tali David
Minneapolis, April 11 - The Ohio Building Authority, defeased $52.67 million of its series 2005A 5% state facilities bonds issued for the Administrative Building Fund Project, according to a notice.
The following bonds will be redeemed at par plus accrued interest on April 1, 2015:
• $4.19 million of bonds due Oct. 15, 2016;
• $4,395,000 of bonds due Oct. 15, 2017;
• $4,615,000 of bonds due Oct. 15, 2018;
• $4.85 million of bonds due Oct. 15, 2019;
• $5.09 million of bonds due Oct. 15, 2020;
• $5,345,000 of bonds due Oct. 15, 2021;
• $5.61 million of bonds due Oct. 15, 2022;
• $5,895,000 of bonds due Oct. 15, 2023;
• $6,185,000 of bonds due Oct. 15, 2024; and
• $6,495,000 of bonds due Oct. 15, 2025.
The Huntington National Bank is the escrow trustee.
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