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Orlando-Orange County's $149.76 million bonds have mandatory tender
By Melissa Kory
Cleveland, July 6 - The Orlando-Orange County Expressway Authority said its $149.76 million of series 2008B-3 variable-rate refunding revenue bonds due July 1, 2040 are subject to a mandatory tender for purchase on July 12.
The mandatory tender is in connection with the expiration date of the respective credit facilities of the bonds.
The bonds will be purchased at par.
Wells Fargo Bank, NA is the trustee.
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