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Orange County School, Fla., defeases 2007A COPs
By Tali Rackner
Norfolk, Va., March 9 – The Orange County School Board, Fla., defeased its series 2007A certificates of participation, according to a notice.
The following will be redeemed at par plus accrued interest on Aug. 1, 2017:
• $2.1 million of 4% bonds due Aug. 1, 2018;
• $3.19 million of 5% bonds due Aug. 1, 2018;
• $2.85 million of 4.375% bonds due Aug. 1, 2019;
• $2.69 million of 4.5% bonds due Aug. 1, 2018;
• $2,545,000 of 4.5% bonds due Aug. 1, 2020;
• $3,305,000 of 5% bonds due Aug. 1, 2020;
• $805,000 of 4.6% bonds due Aug. 1, 2021;
• $5,335,000 of 5% bonds due Aug. 1, 2021;
• $6.44 million of 5% bonds due Aug. 1, 2022;
• $6,025,000 of 5% bonds due Aug. 1, 2023;
• $6,335,000 of 5% bonds due Aug. 1, 2024;
• $6.36 million of 5% bonds due Aug. 1, 2025;
• $6,265,000 of 5% bonds due Aug. 1, 2026;
• $6.58 million of 5% bonds due Aug. 1, 2027; and
• $63.57 million of 5% bonds due Aug. 1, 2032.
U.S. Bank NA is the escrow agent.
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