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Louisiana defeases $205.81 million of its 2005-A G.O. refunding bonds
By Tali David
Minneapolis, Nov. 13 - The State of Louisiana defeased $205,805,000 of its series 2005-A general obligation refunding bonds, according to a notice.
The following will be redeemed at par plus accrued interest on Aug. 1, 2015:
• $285,000 of 3.8% bonds due Aug. 1, 2016;
• $92,605,000 of 5.25% bonds due Aug. 1, 2016;
• $465,000 of 3.875% bonds due Aug. 1, 2017;
• $53,585,000 of 5% bonds due Aug. 1, 2017;
• $485,000 of 3.9% bonds due Aug. 1, 2018;
• $32,545,000 of 5% bonds due Aug. 1, 2018; and
• $25,835,000 of 5% bonds due Aug. 1, 2019.
The state will give a formal redemption notice no later than June 30, 2015.
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