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Published on 5/17/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Marion County Convention, Ind., defeases 2003A revenue refunding bonds

By Ashley Montgomery

Kansas City, Kan., May 17 - Marion County Convention and Recreational Facilities Authority, Ind., has defeased portions of its series 2003 A excise taxes lease rental revenue refunding senior bonds, according to a notice.

The bonds will be redeemed June 1, 2013 at par, plus accrued interest to the redemption date.

The following bonds are affected:

• $4.27 million of 4% bonds due June 1, 2014;

• $4.44 million of 5% bonds due June 1, 2015;

• $4,665,000 of 5% bonds due June 1, 2016;

• $4.9 million of 5% bonds due June 1, 2017;

• $5.14 million of 5% bonds due June 1, 2018;

• $5.4 million of 5% bonds due June 1, 2019;

• $5.67 million of 5% bonds due June 1, 2020; and

• $5.95 million of 5% bonds due June 1, 2021.

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


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