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Published on 5/1/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Louisiana calls $221.91 million gasoline and fuels tax revenue bonds

By Ashley Montgomery

Kansas City, Kan., May 1 - Louisiana will redeem $221.91 million of its gasoline and fuels tax revenue bonds, series 2002 A, according to a notice.

The state is redeeming all of the series 2002 A bonds maturing June 1, 2013 through June 1, 2032.

The bonds will be redeemed June 1 at par plus accrued interest to the redemption date.

The following bonds are affected:

• $4,005,000 of 5.25% bonds due June 1, 2013;

• $2.64 million of 3.875% bonds due June 1, 2013;

• $2.43 million of 5.25% bonds due June 1, 2014;

• $4,525,000 of 4% bonds due June 1, 2014;

• $7,265,000 of 5.375% bonds due June 1, 2015;

• $7,655,000 of 5.375% bonds due June 1, 2016;

• $8,065,000 of 5.375% bonds due June 1, 2017;

• $8.5 million of 5.375% bonds due June 1, 2018;

• $8,955,000 of 5.375% bonds due June 1, 2019;

• $9.44 million of 5.375% bonds due June 1, 2020;

• $9,945,000 of 5.375% bonds due June 1, 2021;

• $10,435,000 of 4.75% bonds due June 1, 2022;

• $60,645,000 of 5% bonds due June 1, 2027; and

• $77,405,000 of 5% bonds due June 1, 2032.

Whitney Bank is the trustee.


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