Kansas Development Finance defeases 2006A administration revenue bonds

By Tali Rackner

Norfolk, Va., March 12 – The Kansas Development Finance Authority defeased its series 2006A revenue bonds issued for the Kansas Department of Administration – Comprehensive Transportation Program, according to a notice.

The following will be redeemed at par plus accrued interest on Nov. 1, 2016:

• $10.7 million of 5% bonds due Nov. 1, 2018;

• $11,205,000 of 4.25% bonds due Nov. 1, 2019;

• $11.75 million of 5% bonds due Nov. 1, 2020;

• $1,615,000 of 4.25% bonds due Nov. 1, 2021;

• $10.72 million of 5% bonds due Nov. 1, 2021;

• $12.96 million of 5% bonds due Nov. 1, 2022;

• $13,625,000 of 5% bonds due Nov. 1, 2023;

• $14,325,000 of 5% bonds due Nov. 1, 2024;

• $15.06 million of 5% bonds due Nov. 1, 2025;

• $12.29 million of 4.375% bonds due Nov. 1, 2026; and

• $3.5 million of 5% bonds due Nov. 1, 2026.

The Office of the State Treasurer in Topeka, Kan., is the bond registrar and paying agent.

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