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Texas A&M University to redeem 2005B revenue financing system bonds
By Tali Rackner
Norfolk, Va., April 15 – The Texas A&M University System board of regents plans to redeem all $149,335,000 of its series 2005B revenue financing system bonds, according to a notice.
The following will be redeemed at par on May 15:
• $14,875,000 of 5% bonds due May 15, 2016;
• $15,615,000 of 5.25% bonds due May 15, 2017;
• $14.48 million of 4% bonds due May 15, 2018;
• $14.99 million of 4% bonds due May 15, 2019;
• $15,555,000 of 4% bonds due May 15, 2020;
• $13,295,000 of 4.125% bonds due May 15, 2021;
• $9.87 million of 4.125% bonds due May 15, 2022;
• $10.27 million of 5% bonds due May 15, 2023;
• $10.305,000 of 5% bonds due May 15, 2024;
• $10,815,000 of 5% bonds due May 15, 2025;
• $4,485,000 of 5% bonds due May 15, 2026;
• $4.71 million of 5% bonds due May 15, 2027; and
• $10.07 million of 4.375% bonds due May 15, 2029.
As previously reported, the university will also redeem all $71.24 million of its series 2005A bonds on May 15.
The Bank of New York Mellon Trust Co., NA is the trustee agent.
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