Arizona Transportation redeems $84.86 million highway revenue bonds

By Tali Rackner

Norfolk, Va., Jan. 15 – The Arizona Transportation Board redeemed all $84.86 million of its series 2005B refunding 2013 highway revenue bonds, according to a notice.

The following were redeemed at par on Jan. 1:

• $7,695,000 of 5% bonds due July 1, 2017;

• $8.08 million of 5% bonds due July 1, 2018;

• $8.48 million of 5% bonds due July 1, 2019;

• $8,905,000 of 5% bonds due July 1, 2020;

• $9.35 million of 5% bonds due July 1, 2021;

• $9.82 million of 5% bonds due July 1, 2022;

• $10.31 million of 5% bonds due July 1, 2023;

• $10,825,000 of 5.25% bonds due July 1, 2024; and

• $11,395,000 of 5.25% bonds due July 1, 2025.

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

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