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Indiana commission calls $61.59 million New Castle Correctional bonds
By Marisa Wong
Madison, Wis., June 4 - The Indiana State Office Building Commission said it will redeem $61.59 million of its New Castle Correctional Facility series 2002A facilities revenue bonds on July 1.
The bonds will be redeemed at par plus accrued interest to the redemption date.
The affected bonds have coupons ranging from 4.5% to 5.5% and mature in the years 2013 through 2020.
The privately run, state-owned prison is located in New Castle, Ind.
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