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Dallas defeases $245.21 million of four series of G.O. bonds
By Tali Rackner
Norfolk, Va., Dec. 23 – The City of Dallas defeased $245.21 million of its general obligation bonds from four series, according to multiple notices.
The following were defeased:
• $17.97 million of series 2005 bonds to be redeemed on Feb. 15, 2016;
• $52,295,000 of series 2007 bonds to be redeemed on Feb. 15, 2017;
• $86,625,000 of series 2007A G.O. refunding and improvement bonds to be redeemed on Feb. 15, 2017; and
• $88.32 million of series 2008 bonds to be redeemed on Feb. 15, 2020.
The bonds will be redeemed at par plus accrued interest to the redemption dates.
U.S. Bank NA is the paying agent and registrar.
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