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Published on 4/7/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Massachusetts Bay Transportation Authority defeases 13 series of bonds

By Tali Rackner

Norfolk, Va., April 7 - The Massachusetts Bay Transportation Authority defeased the following 13 series of its bonds, according to a notice:

• $16.85 million of 2004 series A assessment bonds;

• $45.8 million of 2005 series A assessment bonds;

• $64.07 million of 2008 series A assessment bonds;

• $33,405,000 of 1991 series A general transportation system bonds;

• $5.5 million of 1992 series C general transportation system bonds;

• $3.31 million of 1995 series A general transportation system bonds;

• $8.74 million of 2002 series A senior sales tax bonds;

• $22.65 million of 2003 series A senior sales tax bonds;

• $3,955,000 of 2004 series C senior sales tax bonds;

• $5.17 million of 2006 series B senior sales tax bonds;

• $26,555,000 of 2006 series C senior sales tax bonds;

• $1,165,000 of 2008 series B senior sales tax bonds; and

• $25,395,000 of 2009 series D senior sales tax bonds.

U.S. Bank NA is the refunding escrow agent.


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