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Published on 6/1/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Florida's Orlando-Orange County Expressway calls $202.42 million 1998 junior-lien bonds

By Marisa Wong

Milwaukee, June 1 - The State of Florida Orlando-Orange County Expressway Authority gave notice that it will redeem a total of $202.415 million of its junior-lien revenue bonds series 1998.

The bonds will be redeemed on July 1 at par plus accrued interest up to the redemption date.

To be redeemed are the following bonds:

• $4.845 million of 5.375% bonds due July 1, 2011;

• $5.105 million of 5% bonds due July 1, 2012;

• $5.36 million of 5% bonds due July 1, 2013;

• $5.63 million of 5% bonds due July 1, 2014;

• $5.91 million of 5% bonds due July 1, 2015;

• $6.205 million of 5% bonds due July 1, 2016;

• $6.515 million of 5% bonds due July 1, 2017;

• $76.145 million of 5% bonds due July 1, 2021; and

• $86.7 million of 5% bonds due July 1, 2028.

U.S. Bank NA is the agent.


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