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Published on 8/25/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Louisiana defeases 2005A, 2006A gasoline and fuels tax revenue bonds

By Tali Rackner

Norfolk, Va., Aug. 25 – The State of Louisiana defeased its series 2005A and 2006A gasoline and fuels tax revenue bonds, according to a notice.

The following 2005A bonds will be redeemed on May 1, 2015:

• $495,000 of 4.4% bonds due May 1, 2030.

The following 2006A bonds will be redeemed on May 1, 2016:

• $2,005,000 of 4% bonds due May 1, 2017;

• $50,000 of 4.3% bonds due May 1, 2026;

• $750,000 of 4.3% bonds due May 1, 2027;

• $15.97 million of 5% bonds due May 1, 2027;

• $130,000 of 4.375% bonds due May 1, 2028;

• $7,545,000 of 5% bonds due May 1, 2028;

• $80,735,000 of 5% bonds due May 1, 2031;

• $91.63 million of 5% bonds due May 1, 2036; and

• $50 million of 5% bonds due May 1, 2041.

Whitney Bank is the trustee.


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