Salt River Project, Ariz., cancels $155.8 million of electric bonds

By Wendy Van Sickle

Columbus, Ohio, June 4 – The Salt River Project Agricultural Improvement and Power District, Arizona bought and canceled on Tuesday $155.8 million of its 2005 and 2006 series A electric system revenue bonds, according to a notice.

The canceled 5% 2005 term bonds due Jan. 1, 2035 include $24.13 million in bonds with Jan. 1, 2033 sinking fund payment date; $16,075,000 in bonds with a Jan. 1, 2034 payment date and $35.6 million in bonds with a Jan. 1, 2035 payment date.

The canceled 5% 2006 term bonds due Jan. 1, 2037 include $5.07 million of bonds with a sinking fund payment date of Jan. 1, 2033, $5,325,000 of bonds with a Jan. 1, 2034 payment date; $ 5.59 million of bonds with a Jan.1, 2035 payment date; $31,225,000 of bonds with a Jan. 1, 2036 payment date and $32.72 million of bonds with a Jan. 1, 2037 payment date.

U.S. Bank NA 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.