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Published on 5/13/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Florida Ports Financing calls 1999 intermodal program revenue bonds

By Marisa Wong

Madison, Wis., May 13 - Florida Ports Financing Commission gave notice that it will redeem its outstanding state transportation trust fund - intermodal program revenue bonds, series 1999, in full on June 13.

The bonds will be redeemed at 100.5 plus accrued interest to the redemption date.

Affected are the following bonds:

• $3.62 million of 5.5% bonds due Oct. 1, 2011;

• $3.825 million of 5.5% bonds due Oct. 1, 2012;

• $4.035 million of 5.25% bonds due Oct. 1, 2013;

• $4.265 million of 5.75% bonds due Oct. 1, 2014;

• $4.505 million of 5.375% bonds due Oct. 1, 2015;

• $4.76 million of 5.5% bonds due Oct. 1, 2016;

• $5.03 million of 5.5% bonds due Oct. 1, 2017;

• $5.31 million of 5.5% bonds due Oct. 1, 2018;

• $31.425 million of 5.5% bonds due Oct. 1, 2023; and

• $51.105 million of 5.5% bonds due Oct. 1, 2029.

Wells Fargo Bank, NA is the trustee.


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