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Published on 6/16/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Arkansas to redeem all $74.72 million of 2001A federal highway bonds

By Marisa Wong

Milwaukee, June 16 - The State of Arkansas gave notice that it will redeem its $74.72 million of outstanding federal highway grant anticipation and tax revenue bonds, series 2001A, in full on Aug. 1.

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

Affected are $21.44 million outstanding bonds due Aug. 1, 2011 and $53.28 million outstanding bonds due Aug. 1, 2012.

Wells Fargo Bank, NA is the agent.


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