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Published on 3/11/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Nevada defeases 2007B capital improvement and cultural affairs LTGOs

By Tali Rackner

Norfolk, Va., March 11 – The State of Nevada defeased its series 2007B capital improvement and cultural affairs limited tax general obligation bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Dec. 1, 2017:

• $7.14 million of bonds due Dec. 1, 2018;

• $2,075,000 of bonds due Dec. 1, 2019;

• $2.17 million of bonds due Dec. 1, 2020;

• $17.27 million of bonds due Dec. 1, 2021;

• $18,065,000 of bonds due Dec. 1, 2022;

• $32.03 million of bonds due Dec. 1, 2023;

• $33,515,000 of bonds due Dec. 1, 2024;

• $48.29 million of bonds due Dec. 1, 2025; and

• $50.51 million of bonds due Dec. 1, 2026.

U.S. Bank NA is the paying agent.


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