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Published on 4/29/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Indiana Finance to redeem four series state revolving fund program bonds

By Tali Rackner

Norfolk, Va., April 29 - The Indiana Finance Authority plans to redeem its series 2006A, 2006B, 2007A and 2007B state revolving fund program bonds, according to multiple notices.

The following 2006A bonds will be redeemed at par plus accrued interest on Aug. 1, 2016:

• $1,835,000 of bonds due Feb. 1, 2027.

The following 2006B bonds will be redeemed at par plus accrued interest on Feb. 1, 2017:

• $8.56 million of bonds due Feb. 1, 2018;

• $7,785,000 of bonds due Feb. 1, 2019;

• $8.06 million of bonds due Feb. 1, 2020;

• $8,295,000 of bonds due Feb. 1, 2021;

• $8.99 million of bonds due Feb. 1, 2025; and

• $8.81 million of bonds due Feb. 1, 2026.

The following 2007A bonds will be redeemed at par plus accrued interest on Feb. 1, 2017:

• $2.84 million of bonds due Feb. 1, 2018;

• $4.95 million of bonds due Feb. 1, 2019;

• $7,315,000 of bonds due Feb. 1, 2020;

• $8,225,000 of bonds due Feb. 1, 2021;

• $8.84 million of bonds due Feb. 1, 2022; and

• $6,505,000 of bonds due Feb. 1, 2025.

The following 2007B bonds will be redeemed at par plus accrued interest on Feb. 1, 2018:

• $5,335,000 of bonds due Feb. 1, 2020;

• $6,565,000 of bonds due Feb. 1, 2025;

• $15.04 million of bonds due Feb. 1, 2027; and

• $15,545,000 of bonds due Feb. 1, 2028.

The Bank of New York Mellon Trust Co., NA is the trustee.


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