Louisiana defeases $205.81 million of its 2005-A G.O. refunding bonds

By Tali David

Minneapolis, Nov. 13 - The State of Louisiana defeased $205,805,000 of its series 2005-A general obligation refunding bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Aug. 1, 2015:

• $285,000 of 3.8% bonds due Aug. 1, 2016;

• $92,605,000 of 5.25% bonds due Aug. 1, 2016;

• $465,000 of 3.875% bonds due Aug. 1, 2017;

• $53,585,000 of 5% bonds due Aug. 1, 2017;

• $485,000 of 3.9% bonds due Aug. 1, 2018;

• $32,545,000 of 5% bonds due Aug. 1, 2018; and

• $25,835,000 of 5% bonds due Aug. 1, 2019.

The state will give a formal redemption notice no later than June 30, 2015.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.