Colorado Transportation to redeem $167.64 million anticipation notes

By Marisa Wong

Madison, Wis., May 16 - Colorado Department of Transportation gave notice that it will redeem $167.64 million of its series 2001A transportation revenue anticipation notes on June 15.

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

To be redeemed are the following bonds:

• $52.185 million of variable-rate bonds due June 15, 2014;

• $740,000 of 4.6% bonds due June 15, 2014;

• $54.795 million of variable-rate bonds due June 15, 2015;

• $1.03 million of 4.7% bonds due June 15, 2015;

• $45.085 million of variable-rate bonds due June 15, 2016; and

• $13.805 million of 4.8% bonds due June 15, 2016.

Wells Fargo Bank, NA is the agent.

Based in Denver, the department is responsible for Colorado's highway system, bridges and other transit systems.

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