Illinois State Toll Highway defeases $436.55 million of 2005A bonds

By Tali Rackner

Norfolk, Va., Feb. 26 - The Illinois State Toll Highway Authority defeased $436,545,000 of its 2005 series A toll highway senior priority revenue bonds, according to a notice.

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

• $101,935,000 of 4.125% bonds due Jan. 1, 2020;

• $106.14 million of 5% bonds due Jan. 1, 2021;

• $111.45 million of 5% bonds due Jan. 1, 2022; and

• $117.02 million of 5% bonds due Jan. 1, 2023.

The Bank of New York Trust Co., NA is the trustee and escrow agent.

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