Maryland defeases multiple state and local facilities loan bonds

By Tali Rackner

Norfolk, Va., Aug. 15 – The State of Maryland defeased various state and local facilities loan bonds, according to multiple notices.

The following were defeased:

• $12.9 million of 2009 first series A bonds due March 1, 2022, to be redeemed March 1, 2017 at par;

• $14.72 million of 2009 first series A bonds due March 1, 2023, to be redeemed March 1, 2017 at par;

• $21.23 million of 2009 first series A bonds due March 1, 2024, to be redeemed March 1, 2017 at par;

• $16.86 million of 2010 second series B bonds due Aug. 1, 2021, to be redeemed Aug. 1, 2018 at par;

• $33,585,000 of 2011 first series B bonds due March 15, 2033, to be redeemed March 15, 2019 at par;

• $930,000 of 2011 second series A bonds due Aug. 1, 2021, to be redeemed Aug. 1, 2019 at par;

• $42,635,000 of 2011 second series B bonds due Aug. 1, 2023, to be redeemed Aug. 1, 2019 at par;

• $46.09 million of 2011 second series B bonds due Aug. 1, 2024, to be redeemed Aug. 1, 2019 at par;

• $42,635,000 of 2013 first series A bonds due March 1, 2023, to be redeemed March 1, 2021 at par;

• $42,635,000 of 2013 first series A bonds due March 1, 2024, to be redeemed March 1, 2021 at par;

Citibank, NA is the escrow deposit agent.

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