Florida Board of Education calls $360.49 million of refunding bonds

By Melissa Kory

Cleveland, May 12 - The State of Florida Board of Education said it will redeem its $137.4 million of series 2001A and $223.085 million of series 2001B full faith and credit public education capital outlay refunding bonds.

The bonds will be redeemed on June 1 at 101 plus accrued interest to the redemption date.

The series 2001A bonds affected include:

• $10.755 million of 5.5% bonds due June 1, 2012;

• $11.36 million of 5% bonds due June 1, 2013;

• $12.005 million of 5% bonds due June 1, 2014;

• $12.545 million of 5% bonds due June 1, 2015;

• $13.175 million of 5.375% bonds due June 1, 2016;

• $13.95 million of 5.375% bonds due June 1, 2017;

• $14.715 million of 5% bonds due June 1, 2018;

• $15.505 million of 5% bonds due June 1, 2019;

• $16.285 million of 4.75% bonds due June 1, 2020; and

• $17.105 million of 4.75% bonds due June 1, 2021.

The series 2001B bonds affected include:

• $13.545 million of 5.5% bonds due June 1, 2012;

• $14.345 million of 5.5% bonds due June 1, 2013;

• $15.14 million of 5.5% bonds due June 1, 2014;

• $16.025 million of 5.5% bonds due June 1, 2015;

• $16.91 million of 5.5% bonds due June 1, 2016;

• $17.88 million of 5.5% bonds due June 1, 2017;

• $18.85 million of 5.5% bonds due June 1, 2018;

• $19.91 million of 5% bonds due June 1, 2019;

• $20.97 million of 5% bonds due June 1, 2020;

• $22 million of 5% bonds due June 1, 2021;

• $23.11 million of 5% bonds due June 1, 2022; and

• $24.4 million of 5% bonds due June 1, 2023.

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

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