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Saint Paul, Minn., says 2009A RiverCentre bonds have mandatory tender
By Tali Rackner
Norfolk, Va., April 23 - The City of Saint Paul, Minn., said its series 2009A taxable variable-rate demand sales tax revenue refunding bond issued for the RiverCentre Arena Project are subject to mandatory tender, according to a notice.
The city will purchase the bonds at par plus accrued interest on May 23. There is $54,165,000 outstanding.
The bonds, which mature on Nov. 1, 2025, were originally issued in the amount of $65,455,000.
Wells Fargo Bank, NA is the trustee.
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