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Louisiana Transportation to prepay 2005 subordinate-lien revenue bond
By Tali David
Minneapolis, Oct. 30 - The Louisiana Transportation Authority is exercising its option to prepay the entire amount outstanding on its $66 million series 2005 subordinate-lien toll revenue Tifia bond, according to a notice.
The bond, which is due Dec. 1, 2040, will be redeemed at par plus accrued interest on Nov. 15.
The Bank of New York Mellon Trust Co., NA is the trustee.
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