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Published on 8/26/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Hawaii plans to redeem all $87.48 million of 2000CU bonds on Oct. 1

By Devika Patel

Knoxville, Tenn., Aug. 26 - The State of Hawaii announced that it will redeem all $87.475 million of its series 2000CU general obligation bonds on Oct. 1 at par plus interest to Oct. 15.

The affected bonds are the state's:

• $8.15 million in 5.875% bonds due Oct. 1, 2013;

• $965,000 in 5.25% bonds due Oct. 1, 2014;

• $8.52 million in 5.875% bonds due Oct. 1, 2014;

• $1.48 million in 5.3% bonds due Oct. 1, 2015;

• $8.575 million in 5.875% bonds due Oct. 1, 2015;

• $10.66 million in 5.875% bonds due Oct. 1, 2016;

• $11.28 million in 5.5% bonds due Oct. 1, 2017;

• $11.92 million in 5.55% bonds due Oct. 1, 2018;

• $12.605 million in 5.6% bonds due Oct. 1, 2019;

• $7 million in 5.25% bonds due Oct. 1, 2020; and

• $6.32 million in 5.6% bonds due Oct. 1, 2020.

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


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