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Published on 3/26/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Indiana Finance defeases 2007A, 2009A state revolving fund bonds

By Tali Rackner

Norfolk, Va., March 26 – The Indiana Finance Authority defeased its series 2007A and 2009A state revolving fund program bonds, according to two notices.

The following 2007A bonds will be redeemed at par plus accrued interest on Feb. 1, 2017:

• $7.35 million of bonds due Feb. 1, 2023;

• $6.98 million of bonds due Feb. 1, 2024; and

• $15,045,000 of bonds due Feb. 1, 2027.

The following 2009A bonds will be redeemed at par plus accrued interest on Feb. 1, 2019:

• $8.78 million of bonds due Feb. 1, 2023;

• $10,305,000 of bonds due Feb. 1, 2024;

• $13,915,000 of bonds due Feb. 1, 2025;

• $14.59 million of bonds due Feb. 1, 2026; and

• $16,535,000 of bonds due Feb. 1, 2027.

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


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