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Published on 4/11/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Ohio Building defeases $52.67 million of 2005A Administrative bonds

By Tali David

Minneapolis, April 11 - The Ohio Building Authority, defeased $52.67 million of its series 2005A 5% state facilities bonds issued for the Administrative Building Fund Project, according to a notice.

The following bonds will be redeemed at par plus accrued interest on April 1, 2015:

• $4.19 million of bonds due Oct. 15, 2016;

• $4,395,000 of bonds due Oct. 15, 2017;

• $4,615,000 of bonds due Oct. 15, 2018;

• $4.85 million of bonds due Oct. 15, 2019;

• $5.09 million of bonds due Oct. 15, 2020;

• $5,345,000 of bonds due Oct. 15, 2021;

• $5.61 million of bonds due Oct. 15, 2022;

• $5,895,000 of bonds due Oct. 15, 2023;

• $6,185,000 of bonds due Oct. 15, 2024; and

• $6,495,000 of bonds due Oct. 15, 2025.

The Huntington National Bank is the escrow trustee.


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