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Published on 5/4/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Connecticut to redeem $179.27 million series 2001B G.O. bonds at par

By Melissa Kory

Cleveland, May 4 - The State of Connecticut said it will redeem its $179.27 million of series 2001B general obligation bonds.

The bonds will be redeemed on June 15 at par plus accrued interest.

The bonds affected include the following:

• $16.325 million of 5.375% bonds due June 15, 2013;

• $3.675 million of 4.5% bonds due June 15, 2013;

• $18.795 million of 5.375% bonds due June 15, 2014;

• $1.205 million of 4.625% bonds due June 15, 2014;

• $18.18 million of 5.375% bonds due June 15, 2015;

• $1.82 million of 4.7% bonds due June 15, 2015;

• $16.175 million of 5.375% bonds due June 15, 2016;

• $3.825 million of 4.8% bonds due June 15, 2016;

• $19.19 million of 5.375% bonds due June 15, 2017;

• $80,000 of 4.8% bonds due June 15, 2017;

• $19.19 million of 5.375% bonds due June 15, 2018;

• $810,000 of 4.9% bonds due June 15, 2018;

• $20 million of 4.75% bonds due June 15, 2019;

• $20 million of 5% bonds due June 15, 2020; and

• $20 million of 5% bonds due June 15, 2021.

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


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