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Published on 4/2/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Nevada defeases $7.1 million general obligation bonds due 2014, 2022

By Tali David

Minneapolis, April 2 - The State of Nevada defeased $7.1 million of its capital improvement, cultural affairs and refunding general obligation limited tax bonds, series 2003A, according to a notice.

On Oct. 1, 2013, the state will redeem $2,855,000 of 5% bonds due Aug. 1, 2014 and $4,245,000 of 4.75% bonds due Aug. 1, 2022.

U.S. Bank NA is the trustee.


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