Dallas defeases $105.29 million of waterworks and sewer system bonds

By Melissa Kory

Cleveland, July 26 - The City of Dallas said it defeased $105.285 million of its series 2003A waterworks and sewer system revenue refunding and improvement bonds.

The bonds will be redeemed at par plus accrued interest to the redemption date.

The affected securities include:

• $7.61 million of 4% bonds due Oct. 1, 2013;

• $7.925 million of 4% bonds due Oct. 1, 2014;

• $8.265 million of 4% bonds due Oct. 1, 2015;

• $8.625 million of 4.125% bonds due Oct. 1, 2016;

• $9.015 million of 4.25% bonds due Oct. 1, 2017;

• $9.425 million of 4.25% bonds due Oct. 1, 2018;

• $9.87 million of 4.75% bonds due Oct. 1, 2019;

• $10.345 million of 4.75% bonds due Oct. 1, 2020;

• $10.85 million of 4.75% bonds due Oct. 1, 2021;

• $11.39 million of 4.75% bonds due Oct. 1, 2022; and

• $11.965 million of 4.75% bonds due Oct. 1, 2023.

U.S. Bank, NA is the trustee.

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