Arizona Transportation Board calls $86.17 million 2001 revenue bonds

By Marisa Wong

Madison, Wis., June 6 - Arizona Transportation Board said it will redeem its $86.17 million of outstanding highway revenue bonds, series 2001, in full on July 1.

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

To be redeemed are the following bonds;

• $10.425 million of 5.375% bonds due July 1, 2014;

• $10.985 million of 5.25% bonds due July 1, 2015;

• $11.565 million of 5.25% bonds due July 1, 2016;

• $12.17 million of 5.25% bonds due July 1, 2017;

• $12.81 million of 5.25% bonds due July 1, 2018;

• $13.48 million of 5.25% bonds due July 1, 2019; and

• $14.735 million of 5.25% bonds due July 1, 2020.

The board issues revenue bonds for financing transportation improvements throughout Arizona.

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