Florida Board of Education calls $168.85 million 1998 lottery bonds

By Marisa Wong

Milwaukee, April 5 - The State of Florida State Board of Education gave notice that it will redeem $64,975,000 of its series 1998A and $103.87 million of its 1998B lottery revenue bonds on April 6.

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

Affected are the following 1998A bonds:

• $5,875,000 of 5% bonds due July 1, 2010;

• $6.17 million of 5.125% bonds due July 1, 2011;

• $6.49 million of 5.125% bonds due July 1, 2012;

• $6.82 million of 5.125% bonds due July 1, 2013;

• $7.17 million of 5% bonds due July 1, 2014;

• $7.53 million of 5% bonds due July 1, 2015;

• $7,905,000 of 5% bonds due July 1, 2016;

• $8.3 million of 5% bonds due July 1, 2017; and

• $8,715,000 of 5% bonds due July 1, 2018.

Affected are the following 1998B bonds:

• $10.84 million of 5.25% bonds due July 1, 2011;

• $11.41 million of 5.25% bonds due July 1, 2012;

• $12,005,000 of 5.25% bonds due July 1, 2013;

• $12,635,000 of 5% bonds due July 1, 2014;

• $13.27 million of 5% bonds due July 1, 2015;

• $13,935,000 of 4.5% bonds due July 1, 2016;

• $14.56 million of 4.5% bonds due July 1, 2017; and

• $15,215,000 of 4.5% bonds due July 1, 2018.

U.S. Bank Trust NA is the agent.

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