Arizona defeases $123.01 million multipurpose stadium facility bonds

By Tali David

Minneapolis, July 24 - The Arizona Sports and Tourism Authority defeased $123.01 million of its series 2003A Multipurpose Stadium Facility Project senior revenue bonds, according to a notice of advance refunding.

The following bonds will be redeemed at par plus accrued interest on July 1, 2013:

• $2.81 million of bonds due July 1, 2014;

• $2,955,000 of bonds due July 1, 2015;

• $3.11 million of bonds due July 1, 2016;

• $2.36 million of bonds due July 1, 2017;

• $5 million of bonds due July 1, 2025;

• $8,805,000 of bonds due July 1, 2025;

• $14.48 million of bonds due July 1, 2026;

• $15.17 million of bonds due July 1, 2027;

• $15.85 million of bonds due July 1, 2028;

• $16,645,000 of bonds due July 1, 2029;

• $17,475,000 of bonds due July 1, 2030; and

• $18.35 million of bonds due July 1, 2031.

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

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