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Published on 4/19/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Florida Board of Education calls eight series of capital outlay bonds

By Tali David

Minneapolis, April 19 - State of Florida Board of Education gave notice that it will redeem $1,077,639,000 of its outstanding full faith and credit public education capital outlay refunding bonds on June 1.

The affected bonds include the following:

• $101,554,000 of series 2000B bonds due June 1, 2013 through 2027 and 2031;

• $79,535,000 series 2000C bonds due June 1, 2013 through 2023, 2025, 2027, 2029 and 2032;

• $199.69 million of series 2001F bonds due June 1, 2013 through 2025, 2028 and 2032;

• $95,605,000 of series 2001G bonds due June 1, 2014 through 2024, 2027 and 2031;

• $139.03 million of series 2001D bonds due June 1, 2013 through 2019;

• $184,035,000 of series 2002B bonds due June 1, 2013 through 2023;

• $74,865,000 of series 2001H bonds due June 1, 2013 through 2024 and 2028; and

• $203,325,000 of series 2002A bonds due June 1, 2013 through 2023, 2025, 2027 and 2032.

The 2001D bonds will be redeemed at par. The rest will be redeemed at 101. The redemption price for all eight series of bonds includes accrued interest to the redemption date.

The board is based in Tallahassee, Fla.


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