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Published on 7/2/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Maryland to redeem $185.13 million of state & local facilities G.O.s

By Tali Rackner

Norfolk, Va., July 2 – The State of Maryland called $185.13 million of its state and local facilities loan of 2004 first series general obligation bonds, according to two notices.

The following will be redeemed at par plus accrued interest on Aug. 1:

• $33.42 million of 5% bonds due Aug. 1, 2015;

• $35.13 million of 5% bonds due Aug. 1, 2016;

• $36,935,000 of 5% bonds due Aug. 1, 2017;

• $38,825,000 of 5% bonds due Aug. 1, 2018; and

• $40.82 million of 5% bonds due Aug. 1, 2019.

Citibank, NA is the agent.


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