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Florida's Orlando-Orange County Expressway rescinds $249.53 million redemption of 2008B bonds
By Marisa Wong
Milwaukee, June 30 - The Orlando-Orange County Expressway Authority of Florida has rescinded the planned redemption of all $249.525 million of its variable-rate refunding revenue bonds, series 2008B-1 and 2008B-2, according to notices.
The bonds were to be redeemed on July 1 at par plus accrued interest up to the redemption date.
Affected were $131.025 million of 2008B-1 bonds due July 1, 2040 and $118.5 million of 2008B-2 bonds due July 1, 2040.
Wells Fargo Bank, NA is the agent.
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