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Published on 10/2/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Minnesota calls $46.03 million various purpose and trunk highway bonds

By Tali David

Minneapolis, Oct. 2 - The State of Minnesota called $46,025,000 of its general obligation various purpose and trunk highway bonds in full, according to a redemption notice.

The following bonds will be redeemed at par plus applicable premium on Nov. 1:

• $13,825,000 of 5.25% bonds due Nov. 1, 2013;

• $13,825,000 of 5.25% bonds due Nov. 1, 2014;

• $13,825,000 of 5.25% bonds due Nov. 1, 2015;

• $650,000 of 5.25% bonds due Nov. 1, 2016;

• $650,000 of 5.25% bonds due Nov. 1, 2017;

• $650,000 of 5.25% bonds due Nov. 1, 2018;

• $650,000 of 5.25% bonds due Nov. 1, 2019;

• $650,000 of 5.25% bonds due Nov. 1, 2020;

• $650,000 of 5.25% bonds due Nov. 1, 2021; and

• $650,000 of 5.25% bonds due Nov. 1, 2022.

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


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