Florida DOT calls $125.1 million series 1998A turnpike revenue bonds

By Marisa Wong

Milwaukee, April 12 - The State of Florida Department of Transportation gave notice that it will redeem its $125.1 million of outstanding turnpike revenue bonds, series 1998A, maturing in the years 2011 through 2023, on May 14.

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

Affected are the following 1998A bonds:

• $7,185,000 of 5.25% bonds due July 1, 2011;

• $7.56 million of 5.25% bonds due July 1, 2012;

• $7,755,000 of 5.25% bonds due July 1, 2013;

• $8,115,000 of 5.25% bonds due July 1, 2014;

• $8.49 million of 5% bonds due July 1, 2015;

• $8,915,000 of 5% bonds due July 1, 2016;

• $9.36 million of 5% bonds due July 1, 2017;

• $9.83 million of 5% bonds due July 1, 2018;

• $10.32 million of 5% bonds due July 1, 2019;

• $22,625,000 of 5% bonds due July 1, 2021; and

• $24,945,000 of 5% bonds due July 1, 2023.

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

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