Kentucky building commission to redeem $155.53 million revenue bonds

By Marisa Wong

Madison, Wis., July 5 - Commonwealth of Kentucky State Property and Building Commission gave notice that it will redeem $155.53 million of its outstanding revenue and revenue refunding bonds, project no. 69 series A, on Aug. 1.

The following bonds will be redeemed at par plus accrued interest to the redemption date:

• $11.815 million of 5.25% bonds due Aug. 1, 2013;

• $13.25 million of 5.25% bonds due Aug. 1, 2014;

• $13.965 million of 5.25% bonds due Aug. 1, 2015;

• $14.73 million of 5.375% bonds due Aug. 1, 2016;

• $27.54 million of 5.25% bonds due Aug. 1, 2013;

• $30.145 million of 5.25% bonds due Aug. 1, 2014;

• $22.24 million of 5.25% bonds due Aug. 1, 2015;

• $10.64 million of 5.375% bonds due Aug. 1, 2016; and

• $11.205 million of 5% bonds due Aug. 1, 2017.

Based in Frankfort, Ky., the commission issues bonds to help finance state projects.

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