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Published on 10/31/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Orlando-Orange County, Fla., defeases $77.57 million of 2003A bonds

By Tali David

Minneapolis, Oct. 31 - The Orlando-Orange County Expressway Authority, Fla., defeased $77,565,000 of its series 2003A refunding revenue bonds, according to a notice.

The following bonds will be redeemed on July 1, 2013:

• $4.85 million of 3.75% bonds due July 1, 2013;

• $21.82 million of 5% bonds due July 1, 2013;

• $4.61 million of 4% bonds due July 1, 2014;

• $9,025,000 of 5.25% bonds due July 1, 2014;

• $8.34 million of 4% bonds due July 1, 2015;

• $8.06 million of 5.35% bonds due July 1, 2015;

• $6,865,000 of 4.125% bonds due July 1, 2016; and

• $13,995,000 of 5.25% bonds due July 1, 2016.

Wells Fargo Bank, NA is the paying agent.


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