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Cook County, Ill., defeases, to redeem 1999A capital improvement bonds
By Marisa Wong
Madison, Wis., Oct. 15 - The County of Cook, Ill., said it defeased and will redeem its series 1999A general obligation capital improvement bonds maturing in the years 2025 through 2028.
The defeased bonds will be redeemed on Nov. 15 at par plus accrued interest up to the redemption date.
To be redeemed are the following bonds:
• $22.835 million of 5% bonds due Nov. 15, 2025;
• $23.975 million of 5% bonds due Nov. 15, 2026;
• $25.175 million of 5% bonds due Nov. 15, 2027; and
• $26.435 million of 5% bonds due Nov. 15, 2028.
The Bank of New York Mellon Trust Co., NA is the agent.
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