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Published on 2/12/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Florida Transportation to redeem series 2003C turnpike revenue bonds

By Tali David

Minneapolis, Feb. 12 - The Florida Department of Transportation said it will redeem its series 2003C turnpike revenue bonds, according to a notice of advance refunding.

The department anticipates that it will redeem its bonds due July 1, 2022 through 2026, 2028, 2030 and 2033 at par plus accrued interest on July 1.

State Board of Administration of Florida is the escrow agent, and U.S. Bank Trust NA is the registrar and paying agent.

The board is based in Tallahassee, Fla.


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