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Published on 12/4/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Northwest ISD, Texas, defeases and calls $93.06 million of 2006 bonds

By Wendy Van Sickle

Columbus, Ohio, Dec. 4 – Northwest Independent School District, Texas, defeased and will redeem $93,055,000 of unlimited tax refunding bonds, series 2006, according to a notice.

The following bonds will be redeemed Feb. 15 at par:

• $6.27 million of 4.125% bonds due Feb. 15, 2017;

• $6.71 million of 4.5% bonds due Feb. 15, 2018;

• $7,155,000 of 4% bonds due Feb. 15, 2019;

• $7,635,000 of 4.25% bonds due Feb. 15, 2020;

• $8.16 million of 4.5% bonds due Feb. 15, 2021;

• $8,705,000 of 4.5% bonds due Feb. 15, 2022;

• $9,335,000 of 4.5% bonds due Feb. 15, 2023;

• $9.95 million of 4.5% bonds due Feb. 15, 2024;

• $10,595,000 of 4.5% bonds due Feb. 15, 2025;

• $10.08 million of 4.25% bonds due Feb. 15, 2026;

• $4,075,000 of 4.5% bonds due Feb. 15, 2027; and

• $4,385,000 of 4.5% bonds due Feb. 15, 2028.


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