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Columbus, Ohio, defeases $82.03 million of 2004-1, 2004-2 tax bonds
By Devika Patel
Knoxville, Tenn., Sept. 26 - The City of Columbus, Ohio, said it defeased $82.03 million of its series 2004-1 and series 2004-2 various purpose limited tax bonds on Aug. 25.
The bonds, which mature July 1, 2016 through July 1, 2021, were defeased so that the city may pay the interest due on the bonds through July 1, 2014. The city may then redeem $46.47 million of the 2004-1 bonds and $35.56 million of the 2004-2 bonds at par on July 1, 2014.
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