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Published on 7/24/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Kansas Turnpike Authority calls $59.53 million of 2002 turnpike bonds

By Ashley Montgomery

Kansas City, Kan., July 24 - Kansas Turnpike Authority will redeem $59.53 million of its series 2002 turnpike revenue bonds on Sept. 1, according to two notices.

The following bonds will be redeemed at par plus accrued interest to the redemption date:

• $2,615,000 of 4% bonds due Sept. 1, 2013;

• $2.72 million of 4% bonds due Sept. 1, 2014;

• $5.52 million of 4.75% bonds due Sept. 1, 2023;

• $5.78 million of 5% bonds due Sept. 1, 2024;

• $410,000 of 4.8% bonds due Sept. 1, 2025;

• $5.66 million of 5% bonds due Sept. 1, 2025;

• $4 million of 4.875% bonds due Sept. 1, 2027; and

• $9,055,000 of 4.75% bonds due Sept. 1, 2027.

The following bonds will be redeemed at 101:

• $730,000 of 4.4% bonds due Sept. 1, 2018;

• $3,555,000 of 5.25% bonds due Sept. 1, 2018;

• $140,000 of 4.5% bonds due Sept. 1, 2019;

• $4,365,000 of 5.25% bonds due Sept. 1, 2019;

• $295,000 of 4.5% bonds due Sept. 1, 2020;

• $4,445,000 of 5.25% bonds due Sept. 1, 2020;

• $100,000 of 4.625% bonds due Sept. 1, 2021;

• $4.89 million of 5.25% bonds due Sept. 1, 2021;

• $910,000 of 4.75% bonds due Sept. 1, 2022; and

• $4.34 million of 5.25% bonds due Sept. 1, 2022.

Security Bank of Kansas City is the trustee.


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