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Published on 8/30/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

North Carolina Infrastructure calls 2003 lease purchase revenue bonds

By Tali David

Minneapolis, Aug. 30 - The North Carolina Infrastructure Finance Corp. called all of its series 2003 lease purchase revenue bonds issued for the North Carolina Correctional Facilities Projects, according to a notice.

The following will be redeemed at par plus accrued interest on Oct. 1:

• $7,875,000 of 5.25% bonds due Oct. 1, 2014;

• $200,000 of 3.875% bonds due Oct. 1, 2015;

• $7.8 million of 5% bonds due Oct. 1, 2015;

• $8 million of 5% bonds due Oct. 1, 2016;

• $7.25 million of 5% bonds due Oct. 1, 2017;

• $750,000 of 4.25% bonds due Oct. 1, 2017;

• $8 million of 4.125% bonds due Oct. 1, 2018;

• $100,000 of 4.25% bonds due Oct. 1, 2019;

• $18.9 million of 5% bonds due Oct. 1, 2019;

• $19 million of 5% bonds due Oct. 1, 2020;

• $15.5 million of 4.75% bonds due Oct. 1, 2021;

• $3.5 million of 5% bonds due Oct. 1, 2021;

• $19 million of 4.75% bonds due Oct. 1, 2022; and

• $23,405,000 of 4.75% bonds due Oct. 1, 2023.

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


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