Florida Department of Transportation calls $72.67 million bonds

By Melissa Kory

Cleveland, May 12 - The State of Florida Department of Transportation said it will redeem its $72.665 million of Full Faith and Credit series 2002A right-of-way acquisition and bridge construction bonds.

The bonds will be redeemed on July 1, 2012 at 101 plus accrued interest to the redemption date.

The bonds affected include:

• $5.775 million of 5.25% bonds due July 1, 2013;

• $6.055 million of 5.25% bonds due July 1, 2014;

• $6.42 million of 5% bonds due July 1, 2015;

• $6.71 million of 4% bonds due July 1, 2016;

• $7.015 million of 5% bonds due July 1, 2017;

• $7.4 million of 5% bonds due July 1, 2018;

• $7.71 million of 5% bonds due July 1, 2019;

• $8.11 million of 5% bonds due July 1, 2020;

• $8.525 million of 5% bonds due July 1, 2021; and

• $8.945 million of 5% bonds due July 1, 2022.

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

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