Massachusetts School authority calls $987.33 million sales tax bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 7 - The Massachusetts School Building Authority has defeased $987.33 million of 2005 series A dedicated sales tax bonds, according to a notice.

The bonds will be redeemed on Aug. 15, 2015 at par plus accrued interest to the redemption date.

The following bonds are affected:

• $80.76 million of 5% bonds due Aug. 15, 2017;

• $84.9 million of 5% bonds due Aug. 15, 2018;

• $89,255,000 of 5% bonds due Aug. 15, 2019;

• $74.06 million of 5% bonds due Aug. 15, 2020;

• $4,745,000 of 4% bonds due Aug. 15, 2020;

• $15 million of 5% bonds due Aug. 15, 2020;

• $1,785,000 of 4.125% bonds due Aug. 15, 2025;

• $81.85 million of 5% bonds due Aug. 15, 2027; and

• $554,975,000 of 5% bonds due Aug. 15, 2030.

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

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