Sunshine State, Fla., to redeem $50 million of CP notes Thursday

By Tali Rackner

Norfolk, Va., May 8 – The Sunshine State Governmental Financing Commission issued a notice of mandatory redemption to holders of its Orlando Program callable tax-exempt commercial paper revenue notes, series H.

The affected notes include $50 million of 0.12% notes due June 12, 2015.

The notes will be redeemed at par plus accrued interest on May 8.

U.S. Bank NA is the trustee.

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