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Published on 3/8/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Connecticut to redeem $150 million 2003 series A G.O. bonds April 15

By Tali David

Minneapolis, March 8 - The State of Connecticut plans to redeem all $150 million of its 2003 series A general obligation bonds, according to a redemption notice.

The following bonds will be redeemed at par plus accrued interest on April 15:

• $1.58 million of 3.8% bonds due April 15, 2014;

• $13.42 million of 5% bonds due April 15, 2014;

• $15 million of 5% bonds due April 15, 2015;

• $15 million of 5% bonds due April 15, 2016;

• $3,925,000 of 4.1% bonds due April 15, 2017;

• $11,075,000 of 5% bonds due April 15, 2017;

• $2,445,000 of 4.2% bonds due April 15, 2018;

• $12,555,000 of 5% bonds due April 15, 2018;

• $1,415,000 of 4.25% bonds due April 15, 2019;

• $13,585,000 of 5% bonds due April 15, 2019;

• $1.67 million of 4.35% bonds due April 15, 2020;

• $13.33 million of 5% bonds due April 15, 2020;

• $2,095,000 of 4.4% bonds due April 15, 2021;

• $12,905,000 of 5% bonds due April 15, 2021;

• $2.34 million of 4.5% bonds due April 15, 2022;

• $12.66 million of 5% bonds due April 15, 2022; and

• $15 million of 4.5% bonds due April 15, 2023.

U.S. Bank NA is the trustee or agent.


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