Louisiana defeases $587.77 million of gas and fuels tax revenue bonds

By Tali David

Minneapolis, June 7- The State of Louisiana defeased $511.21 million of its series 2005A and $75.56 million of its series 2006A gas and fuels tax revenue bonds, according to two defeasance notices.

The 2005A bonds, which are due May 1, 2016 through 2027, 2030 and 2035, will be redeemed at par plus accrued interest on May 1, 2016.

The 2006A bonds, which are due May 1, 2018 through 2026, will be redeemed at par plus accrued interest on May 1, 2015.

Whitney Bank is the trustee.

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