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Oregon Department of Transportation defeases highway user tax bonds
By Tali Rackner
Norfolk, Va., Jan. 27 – The State of Oregon Department of Transportation defeased its series 2009A highway user tax revenue senior-lien bonds, according to a notice.
The following will be redeemed at par plus accrued interest on May 15, 2019:
• $1,325,000 of bonds due Nov. 15, 2022;
• $15,765,000 of bonds due Nov. 15, 2025;
• $16.52 million of bonds due Nov. 15, 2026;
• $17,325,000 of bonds due Nov. 15, 2027;
• $18.18 million of bonds due Nov. 15, 2028;
• $19.1 million of bonds due Nov. 15, 2029; and
• $86.71 million of bonds due Nov. 15, 2033.
The Bank of New York Mellon Trust Co., NA is the escrow agent.
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