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Arizona School Facilities defeases 2005 revenue refunding bonds
By Marisa Wong
Madison, Wis., April 19 - Arizona School Facilities Board gave notice that it defeased its series 2005 state school improvement revenue refunding bonds.
The affected bonds include the following:
• All $25.03 million of bonds due Jan. 1, 2016;
• All $25.67 million of bonds due July 1, 2016;
• All $26.3 million of bonds due Jan. 1, 2017;
• All $26.97 million of bonds due July 1, 2017;
• All $27.63 million of bonds due Jan. 1, 2018;
• All $28.33 million of bonds due July 1, 2018;
• All $29,015,000 of bonds due Jan. 1, 2019;
• All $29.76 million of bonds due July 1, 2019;
• All $30.49 million of bonds due Jan. 1, 2020;
• All $31.27 million of bonds due July 1, 2020;
• All $525,000 of bonds due Jan. 1, 2021; and
• All $540,000 of bonds due July 1, 2021.
The defeased bonds will be redeemed on July 1, 2015 at par plus accrued interest to the redemption date.
Zions First National Bank is the trustee.
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