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Hawaii defeases $26.44 million of series 2005B highway revenue bonds
By Tali Rackner
Norfolk, Va., Aug. 19 – The State of Hawaii gave notice of advance refunding for $26,435,000 of its series 2005B highway revenue bonds, according to a notice.
The state defeased $19,445,000 of 5% bonds due July 1, 2016 and $6.99 million of 5% bonds due July 1, 2017.
The bonds will be redeemed at par plus accrued interest on July 1, 2015.
U.S. Bank NA is the escrow agent.
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