Indianapolis Local Public Improvement Bond Bank defeases 12 series

By Marisa Wong

Madison, Wis., Sept. 7 - Indianapolis Local Public Improvement Bond Bank gave notice that it defeased 12 series of its bonds on Aug. 26.

The affected outstanding bonds included the issuer's series 1998E, 2000B, 2001E, 2002D, 2004G, 2004H, 2004J, 2005I, 2006E, 2006I, 2007F and 2009E bonds.

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

The Indianapolis bond bank is a conduit debt issuer for certain qualified entities and supports and manages city projects.

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