Kansas Turnpike defeases $10.53 million of series 2003A revenue bonds

By Tali David

Minneapolis, June 8 - The Kansas Turnpike Authority defeased $10.53 million of its series 2003A turnpike refunding revenue bonds, according to a defeasance notice.

The following 4% bonds will be redeemed at par plus accrued interest on Sept. 1, 2013:

• $1,945,000 of bonds due Sept. 1, 2014;

• $2,025,000 of bonds due Sept. 1, 2015;

• $2,105,000 of bonds due Sept. 1, 2016;

• $2.19 million of bonds due Sept. 1, 2017; and

• $2,265,000 of bonds due Sept. 1, 2018.

Following the transactions, $42.16 million on these series of bonds will remain outstanding.

The Security Bank of Kansas City is the trustee.

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