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Lee County School, Fla., defeases 2006A certificates of participation
By Tali Rackner
Norfolk, Va., Dec. 22 – The School Board of Lee County, Fla., defeased its series 2006A certificates of participation, according to a notice.
The following will be redeemed at par plus accrued interest on Aug. 1, 2016:
• $4.25 million of 4.125% bonds due Aug. 1, 2017;
• $1.05 million of 4.25% bonds due Aug. 1, 2017;
• $4.5 million of 5% bonds due Aug. 1, 2018;
• $1 million of 4.25% bonds due Aug. 1, 2018;
• $1.15 million of 4.375% bonds due Aug. 1, 2019;
• $4.62 million of 4.25% bonds due Aug. 1, 2019;
• $5,745,000 of 5% bonds due Aug. 1, 2020;
• $275,000 of 4.4% bonds due Aug. 1, 2020;
• $5.21 million of 5% bonds due Aug. 1, 2021;
• $1.11 million of 4.5% bonds due Aug. 1, 2021;
• $6,485,000 of 5% bonds due Aug. 1, 2022;
• $145,000 of 4.5% bonds due Aug. 1, 2022;
• $2,585,000 of 5% bonds due Aug. 1, 2023;
• $4,375,000 of 4.5% bonds due Aug. 1, 2023;
• $5,125,000 of 5% bonds due Aug. 1, 2024;
• $2,215,000 of 4.5% bonds due Aug. 1, 2024;
• $7,375,000 of 5% bonds due Aug. 1, 2025;
• $415,000 of 4.6% bonds due Aug. 1, 2025; and
• $7,935,000 of 4.5% bonds due Aug. 1, 2026.
U.S. Bank NA is the escrow agent.
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