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Connecticut defeases 2003 and 2006 series A state revolving bonds
By Tali David
Minneapolis, Feb. 21 - The State of Connecticut defeased its 2003 series A and 2006 series A state revolving fund general revenue bonds, according to a redemption notice.
The following 2003 series A bonds were defeased:
• $1.99 million of 3% bonds due Oct. 1, 2014;
• $315,000 of 3.2% bonds due Oct. 1, 2015;
• $170,000 of 3.3% bonds due Oct. 1, 2016;
• $330,000 of 3.45% bonds due Oct. 1, 2017;
• $190,000 of 3.5% bonds due Oct. 1, 2018;
• $200,000 of 3.9% bonds due Oct. 1, 2020;
• $7.13 million of 4.5% bonds due Oct. 1, 2020;
• $220,000 of 4% bonds due Oct. 1, 2021;
• $7.41 million of 4.5% bonds due Oct. 1, 2021;
• $7.95 million of 4.5% bonds due Oct. 1, 2022;
• $910,000 of 4.15% bonds due Oct. 1, 2023;
• $6.98 million of 4.5% bonds due Oct. 1, 2023;
• $870,000 of 4.2% bonds due Oct. 1, 2024;
• $4.46 million of 4.5% bonds due Oct. 1, 2024; and
• $3,045,000 of 4.2% bonds due Oct. 1, 2025.
The following 2006 series A bonds were defeased:
• $7.64 million of 4.25% bonds due July 1, 2017;
• $7,675,000 of 4.25% bonds due July 1, 2018;
• $5.9 million of 5% bonds due July 1, 2021;
• $6,275,000 of 5% bonds due July 1, 2022;
• $7.48 million of 4.75% bonds due July 1, 2023;
• $8,665,000 of 4.75% bonds due July 1, 2025;
• $1,535,000 of 4.5% bonds due July 1, 2026; and
• $1.11 million of 4.5% bonds due July 1, 2027.
U.S. Bank NA is the escrow agent.
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