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Published on 6/9/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Florida calls $78.51 million Board of Education refunding bonds

By Melissa Kory

Cleveland, June 9 - The State of Florida said it will redeem its $78.51 million of series 2001E State Board of Education public education capital outlay refunding bonds.

The bonds will be redeemed on July 12 at 101, plus accrued interest to the redemption date.

The bonds affected include:

• $390,000 of 4.125% bonds due June 1, 2012;

• $405,000 of 4.25% bonds due June 1, 2013;

• $425,000 of 4.375% bonds due June 1, 2014;

• $440,000 of 4.4% bonds due June 1, 2015;

• $460,000 of 4.5% bonds due June 1, 2016;

• $480,000 of 4.6% bonds due June 1, 2017;

• $505,000 of 4.625% bonds due June 1, 2018;

• $525,000 of 4.7% bonds due June 1, 2019;

• $550,000 of 4.75% bonds due June 1, 2020;

• $580,000 of 4.75% bonds due June 1, 2021;

• $605,000 of 4.75% bonds due June 1, 2022;

• $635,000 of 4.75% bonds due June 1, 2023; and

• $75.51 million of 5% bonds due June 1, 2024.

U.S. Bank Trust, NA is the redemption agent.


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