Connecticut defeases 2005 series A transportation infrastructure bonds

By Tali Rackner

Norfolk, Va., Oct. 20 – The State of Connecticut defeased its 2005 series A special tax obligation transportation infrastructure bonds, according to a notice.

The following will be redeemed at par plus accrued interest on July 1, 2016:

• $13,015,000 of 5% bonds due July 1, 2017;

• $13,685,000 of 5% bonds due July 1, 2018;

• $14.35 million of 4.5% bonds due July 1, 2019;

• $15,045,000 of 5% bonds due July 1, 2020;

• $15.82 million of 5% bonds due July 1, 2021;

• $16.63 million of 5% bonds due July 1, 2022;

• $17.46 million of 4.75% bonds due July 1, 2023;

• $18,285,000 of 4.5% bonds due July 1, 2024; and

• $19.13 million of 4.5% bonds due July 1, 2025.

U.S. Bank NA is the escrow holder.

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