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Indiana Finance defeases three series state revolving fund program bonds
By Tali Rackner
Norfolk, Va., May 1 - The Indiana Finance Authority defeased its series 2005A 2006A and 2006B state revolving fund program bonds, according to multiple notices.
The following 2005A bonds will be redeemed at par plus accrued interest on Feb. 1, 2016:
• $10,395,000 of 5% bonds due Feb. 1, 2019;
• $13,415,000 of 5% bonds due Feb. 1, 2020;
• $10,945,000 of 5% bonds due Feb. 1, 2021;
• $13,475,000 of 5% bonds due Feb. 1, 2022;
• $960,000 of 5% bonds due Feb. 1, 2023;
• $6,405,000 of 5% bonds due Feb. 1, 2024;
• $3.28 million of 5% bonds due Feb. 1, 2025;
• $5,765,000 of 5% bonds due Feb. 1, 2026;
• $1,715,000 of 5% bonds due Feb. 1, 2027;
• $1.09 million of 5% bonds due Feb. 1, 2028; and
• $1,115,000 of 5% bonds due Feb. 1, 2029.
The following 2006A bonds will be redeemed at par plus accrued interest on Aug. 1, 2016:
• $13.14 million of 5% bonds due Feb. 1, 2022;
• $4,035,000 of 5% bonds due Feb. 1, 2023;
• $11.46 million of 5% bonds due Feb. 1, 2024;
• $10,015,000 of 5% bonds due Feb. 1, 2025; and
• $11.53 million of 5% bonds due Feb. 1, 2026.
The following 2006B bonds will be redeemed at par plus accrued interest on Feb. 1, 2017:
• $5.99 million of 5% bonds due Feb. 1, 2022; and
• $9,075,000 of 5% bonds due Feb. 1, 2023.
The Bank of New York Mellon Trust Co., NA is the trustee.
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