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Los Angeles MTA defeases first-tier senior sales tax revenue bonds
By Tali Rackner
Norfolk, Va., Dec. 23 – The Los Angeles County Metropolitan Transportation Authority defeased its series 2005-A proposition A first-tier senior sales tax revenue bonds, according to a notice.
The following will be redeemed at par plus accrued interest on July 1, 2015:
• $6.19 million of bonds due July 1, 2016;
• $6.5 million of bonds due July 1, 2017;
• $6,825,000 of bonds due July 1, 2018;
• $7,165,000 of bonds due July 1, 2019;
• $7,525,000 of bonds due July 1, 2020;
• $5.63 million of bonds due July 1, 2021;
• $5.91 million of bonds due July 1, 2022;
• $6,205,000 of bonds due July 1, 2023;
• $6,525,000 of bonds due July 1, 2024;
• $6.84 million of bonds due July 1, 2025;
• $7,185,00 of bonds due July 1, 2026;
• $7,545,000 of bonds due July 1, 2027;
• $7.92 million of bonds due July 1, 2028;
• $8,315,000 of bonds due July 1, 2029;
• $8,675,000 of bonds due July 1, 2030;
• $18.52 million of bonds due July 1, 2032; and
• $31.18 million of bonds due July 1, 2035.
The Bank of New York Mellon Trust Co., NA is the trustee and escrow agent.
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