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Published on 9/13/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Kentucky to redeem $54.87 million of its Project No. 72 revenue bonds

By Devika Patel

Knoxville, Tenn., Sept. 13 - The Commonwealth of Kentucky said it will redeem $54.87 million of its Project No. 72 state property and building commission revenue and refunding bonds at par plus interest to Oct. 1, the redemption date.

Affected are the following securities:

• $885,000 of 4.25% bonds due Oct. 1, 2012;

• $180,000 of 4.375% bonds due Oct. 1, 2013;

• $1.42 million of 4.5% bonds due Oct. 1, 2014;

• $260,000 of 4.625% bonds due Oct. 1, 2015;

• $320,000 of 4.875% bonds due Oct. 1, 2018;

• $3.5 million of 5% bonds due Oct. 1, 2019;

• $23.54 million of 5% bonds due Oct. 1, 2020;

• $7.72 million of 5.1% bonds due Oct. 1, 2021; and

• $17.05 million of 5.125% bonds due Oct. 1, 2021.

The Bank of New York Mellon (800 254-2826) is the trustee.


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