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Published on 11/26/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Nevada defeases $21.04 million of series 2004 Capitol Complex COPs

By Tali David

Minneapolis, Nov. 26 - The State of Nevada defeased $21.04 million of its series 2004 lease revenue certificates of participation issued for the Capitol Complex Building 1 Project, according to a notice.

The following will be redeemed at par plus accrued interest on April 1, 2014:

• $485,000 of 4% bonds due April 1, 2015;

• $340,000 of 4% bonds due April 1, 2016;

• $415,000 of 4% bonds due April 1, 2017;

• $495,000 of 4% bonds due April 1, 2018;

• $9,325,000 of 4.5% bonds due April 1, 2027; and

• $10.19 million of 5% bonds due April 1, 2032.

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


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