Indiana Finance's 2005A stadium project bonds have mandatory tender

By Marisa Wong

Madison, Wis., Sept. 2 - Indiana Finance Authority gave notice that its series 2005A stadium project lease appropriation bonds, including its $70 million of outstanding 2005A-2 variable-rate demand bonds and $80 million of outstanding 2005A-3 variable-rate demand bonds, are subject to mandatory tender for purchase on Sept. 16.

The mandatory tender is due to a change in the bonds' current interest rate mode from the weekly mode to the Sifma index floating-rate mode.

The Bank of New York Mellon Trust Co., NA is the trustee.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.