Maryland defeases state, local facilities loan bonds from five series

By Ashley Montgomery

Kansas City, Kan., Aug. 15 - Maryland has defeased and will redeem various state and local facilities loan bonds, according to a notice.

The following bonds will be redeemed at par:

• $43.82 million of 4.25% 2005 second series A bonds due Aug. 1, 2020, to be redeemed on Aug. 1, 2015;

• $26.88 million of 4.15% 2006 first series A bonds due March 1, 2020, to be redeemed on March 1, 2016;

• $27,955,000 of 4% 2006 first series A bonds due March 1, 2021, to be redeemed on March 1, 2016;

• $30.56 million 5% 2006 second series A bonds due Aug. 1, 2018, to be redeemed on Aug. 1, 2016;

• $28,455,000 of 5% 2007 first series bonds due March 15, 2019, to be redeemed on March 15, 2017; and

• $36,785,000 of 4.5% 2008 first series bonds due March 1, 2021, to be redeemed on March 1, 2016.

Citibank, NA is the agent.

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