Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2015 > News item |
Maine Turnpike defeases series 2005, 2007, 2009 turnpike revenue bonds
By Tali Rackner
Norfolk, Va., April 9 – The Maine Turnpike Authority defeased its series 2005, 2007 and 2009 turnpike revenue bonds, according to a notice.
The following 2005 bonds will be redeemed at par plus accrued interest on July 1, 2015:
• $150,000 of 4% bonds due July 1, 2016;
• $155,000 of 4% bonds due July 1, 2017;
• $160,000 of 4.125% bonds due July 1, 2018;
• $170,000 of 4.2% bonds due July 1, 2019;
• $175,000 of 4.25% bonds due July 1, 2020;
• $5,775,000 of 5% bonds due July 1, 2021;
• $6.26 million of 5% bonds due July 1, 2022;
• $6.58 million of 5% bonds due July 1, 2023;
• $6.91 million of 5% bonds due July 1, 2024;
• $7.25 million of 5% bonds due July 1, 2025;
• $7.61 million of 5% bonds due July 1, 2026;
• $7,995,000 of 5% bonds due July 1, 2027;
• $8.39 million of 5% bonds due July 1, 2028;
• $8.81 million of 5% bonds due July 1, 2029; and
• $9,095,000 of 5.125% bonds due July 1, 2030.
The following 2007 bonds will be redeemed at par plus accrued interest on July 1, 2017:
• $1,865,000 of 5.25% bonds due July 1, 2025;
• $1,965,000 of 5.25% bonds due July 1, 2026;
• $2,065,000 of 5.25% bonds due July 1, 2027;
• $12.08 million of 5.25% bonds due July 1, 2032; and
• $15.61 million of 5.25% bonds due July 1, 2037.
The following 2007 bonds will be redeemed at par plus accrued interest on July 1, 2019:
• $1.39 million of 4% bonds due July 1, 2020;
• $1,445,000 of 4.25% bonds due July 1, 2021;
• $1,505,000 of 4.375% bonds due July 1, 2022;
• $1.57 million of 5% bonds due July 1, 2023;
• $1.65 million of 5% bonds due July 1, 2024;
• $1.73 million of 5% bonds due July 1, 2025;
• $1.82 million of 5% bonds due July 1, 2026;
• $1.91 million of 5.125% bonds due July 1, 2027;
• $2,005,000 of 5.25% bonds due July 1, 2028;
• $2,115,000 of 5.375% bonds due July 1, 2029;
• $12,545,000 of 6% bonds due July 1, 2034; and
• $13.03 million of 6% bonds due July 1, 2038.
Bangor Savings Bank is the trustee.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.