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Published on 6/3/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Carmel, Ind., defeases $52.2 million 2005 lease rental revenue bonds

By Marisa Wong

Madison, Wis., June 3 - The City of Carmel Redevelopment Authority defeased its 2005 lease rental revenue bonds totaling $52.2 million, according to a notice.

The defeased bonds will be redeemed on Feb. 1, 2016 at par plus accrued interest to the redemption date.

Bank of New York Mellon Trust Co., NA is the trustee.


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