Indiana Transportation to redeem $262.04 million highway revenue bonds

By Marisa Wong

Madison, Wis., Nov. 1 - The Indiana Transportation Finance Authority said it will redeem its $262.035 million of outstanding highway revenue bonds, series 2000, in full on Dec. 1.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

To be redeemed are the following bonds:

• $845,000 of 5.1% bonds due Dec. 1, 2012;

• $2.045 million of 5.1% bonds due Dec. 1, 2012;

• $3.39 million of 5.2% bonds due Dec. 1, 2013;

• $4.765 million of 5.75% bonds due Dec. 1, 2014;

• $3.89 million of 5.75% bonds due Dec. 1, 2015;

• $420,000 of 5.75% bonds due Dec. 1, 2016;

• $2.145 million of 5.75% bonds due Dec. 1, 2016;

• $3.08 million of 5.25% bonds due Dec. 1, 2017;

• $21.49 million of 5.5% bonds due Dec. 1, 2018;

• $22.74 million of 5.5% bonds due Dec. 1, 2019;

• $24.03 million of 5.5% bonds due Dec. 1, 2020;

• $25 million of 5.625% bonds due Dec. 1, 2021;

• $45 million of 5.75% bonds due Dec. 1, 2025;

• $16.575 million of 5.375% bonds due Dec. 1, 2025; and

• $86.62 million of 5.375% bonds due Dec. 1, 2025.

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