Hillsborough County, Fla., defeases Tampa International Airport bonds

By Tali Rackner

Norfolk, Va., Nov. 18 – The Hillsborough County Aviation Authority defeased its 2005 series A (AMT) and 2005 series B (non-AMT) Tampa International Airport bonds, according to a notice.

The following 2005 series A revenue bonds will be redeemed at par plus accrued interest on Dec. 10:

• $14.38 million of 5.25% bonds due Oct. 1, 2016;

• $15,135,000 of 5.25% bonds due Oct. 1, 2017; and

• $15.93 million of 5.25% bonds due Oct. 1, 2018.

The following 2005 series B revenue refunding bonds will also be redeemed at par plus accrued interest on Dec. 10:

• $3.37 million of 5.125% bonds due Oct. 1, 2019;

• $3.54 million of 5.125% bonds due Oct. 1, 2020;

• $3,725,000 of 5.125% bonds due Oct. 1, 2021;

• $3.91 million of 5% bonds due Oct. 1, 2022; and

• $4.11 million of 5% bonds due Oct. 1, 2023.

The Bank of New York Mellon is the escrow agent.

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