University of Arkansas defeases 2006 various purpose UAMS Campus bonds

By Tali Rackner

Norfolk, Va., Dec. 22 – The University of Arkansas board of trustees defeased its series 2006 various facility revenue bonds issued for the University of Arkansas for Medical Sciences (UAMS) campus, according to a notice.

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

• $1,935,000 of 5% bonds due March 1, 2015, to be redeemed at maturity;

• $450,000 of 4% bonds due March 1, 2015, to be redeemed at maturity;

• $2.35 million of 5% bonds due March 1, 2016;

• $150,000 of 4.05% bonds due March 1, 2016;

• $2.62 million of 5% bonds due March 1, 2017;

• $2.75 million of 5% bonds due March 1, 2018;

• $2.89 million of 5% bonds due March 1, 2019;

• $3,035,000 of 5% bonds due March 1, 2020;

• $3,185,000 of 5% bonds due March 1, 2021;

• $3,345,000 of 5% bonds due March 1, 20122;

• $3.51 million of 5% bonds due March 1, 2023;

• $3.69 million of 5% bonds due March 1, 2024;

• $3,87 million of 5% bonds due March 1, 2025;

• $4,065,000 of 5% bonds due March 1, 2026;

• $4.27 million of 5% bonds due March 1, 2027;

• $4,485,000 of 5% bonds due March 1, 2028;

• $4,705,000 of 5% bonds due March 1, 2029;

• $4.94 million of 5% bonds due March 1, 2030; and

• $35,305,000 of 5% bonds due March 1, 2036.

The Bank of New York Mellon Trust Co., NA is the escrow trustee.

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