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University of Texas defeases 2004A & B permanent university fund bonds
By Tali Rackner
Norfolk, Va., April 2 - The board of regents of the University of Texas defeased its series 2004A and 2004B permanent university fund bonds, according to two notices.
The following 2004A refunding bonds will be redeemed at par plus accrued interest on July 1:
• $8.41 million of 5% bonds due July 1, 2015; and
• $8.83 million of 5% bonds due July 1, 2016.
The following 2004B bonds will be redeemed at par plus accrued interest on July 1:
• $29,715,000 of 4.5% bonds due July 1, 2024;
• $31,055,000 of 4.5% bonds due July 1, 2025;
• $34,075,000 of 4.75% bonds due July 1, 2030; and
• $128.69 million of 4.5% bonds due July 1, 2033.
U.S. Bank NA is the paying agent.
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