Florida Ports Financing calls 1996 transportation trust fund bonds

By Marisa Wong

Madison, Wis., May 27 - Florida Ports Financing Commission gave notice that it will redeem on June 27 all of its outstanding state transportation trust fund series 1996 revenue bonds.

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

To be redeemed are $37.095 million of 5.375% bonds due June 1, 2016 and $117.945 million of 5.375% bonds due June 1, 2027.

Wells Fargo Bank, NA is the trustee.

Based in Tallahassee, Fla., the commission issues securities to finance public works projects.

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