Florida to redeem $168.85 million series 1998A, 1998B lottery bonds

By Devika Patel

Knoxville, Tenn., March 4 - The State of Florida announced that it will redeem all of its $64.98 million in series 1998A State Board of Education lottery revenue bonds and its $103.87 million in series 1998B State Board of Education lottery revenue bonds at par plus interest to April 6, the redemption date.

The bonds have coupons ranging from 4.5% to 5.25% and maturities ranging from July 1, 2010 to July 1, 2018.

U.S. Bank Trust NA is the paying agent.

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