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Published on 7/17/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

JEA, Fla., defeases $320.78 million of water and sewer revenue bonds

By Tali Rackner

Norfolk, Va., July 17 – JEA, Fla., defeased $320,775,000 of its series 2004A, 2004B, 2009A, 2005A, 2005B and 2005C water and sewer system revenue bonds, according to a notice.

The refunded bonds will be redeemed at par on the redemption date.

The 2004A, 2004B and 2009A bonds will be redeemed on July 28, and the 2005A, 2005B and 2005C bonds will be redeemed on Oct. 1.

U.S. Bank NA is the escrow agent.


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