Indiana Finance's 2010 Republic Services bonds have mandatory tender

By Tali David

Minneapolis, Feb. 13 - Indiana Finance Authority gave notice that its series 2010A and 2010B Republic Services, Inc. Project economic development refunding revenue bonds are subject to mandatory tender for purchase on March 1.

The authority will convert $51.25 million of its 2010A AMT bonds, which are due May 1, 2034, and $30 million of its 2010B non-AMT bonds, which are due May 1, 2028.

The mandatory tender is pursuant to the provisions the indenture dated as of Nov. 1, 2010.

Wells Fargo Bank, NA is the agent.

The solid waste collection company is based in Phoenix.

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