State of Colorado calls $60.34 million series 2006B subordinate COPs

By Tanya Meyer

Chicago, Jan. 29 – The State of Colorado plans to redeem $60.34 million of its series 2006B certificates of participation for the Colorado State Penitentiary II Project, according to a notice.

The following certificates will be redeemed for an aggregate amount of $18.1 million on March 1 at par plus accrued interest up to the redemption date:

• $3,275,000 of 5% bonds due March 1, 2017;

• $3,440,000 of 5% bonds due March 1, 2018;

• $3,610,000 of 5% bonds due March 1, 2019;

• $3,790,000 of 5% bonds due March 1, 2020; and

• $3,985,000 of 5% bonds due March 1, 2021;

U.S. Bank, NA is the trustee.

The following second refunding certificates will also be redeemed for an aggregate amount of $42.24 million on March 1 at par plus accrued interest up to the redemption date:

• $7,645,000 of 5% bonds due March 1, 2017;

• $8,025,000 of 5% bonds due March 1, 2018;

• $8,430,000 of 5% bonds due March 1, 2019;

• $8,850,000 of 5% bonds due March 1, 2020; and

• $9,290,000 of 5% bonds due March 1, 2021.

U.S. Bank, NA is the trustee.

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