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Published on 1/12/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Dallas plans to redeem all $128.43 million of series 2006 G.O. bonds

By Tali Rackner

Norfolk, Va., Jan. 12 – The City of Dallas called all $128,425,000 of its series 2006 general obligation bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Feb. 15:

• $11,675,000 of 5% bonds due Feb. 15, 2016;

• $11,675,000 of 5% bonds due Feb. 15, 2017;

• $11,675,000 of 5% bonds due Feb. 15, 2018;

• $11,675,000 of 5% bonds due Feb. 15, 2019;

• $11,675,000 of 4.5% bonds due Feb. 15, 2020;

• $11,675,000 of 4.5% bonds due Feb. 15, 2021;

• $11,675,000 of 4.5% bonds due Feb. 15, 2022;

• $11,675,000 of 4.5% bonds due Feb. 15, 2023;

• $11,675,000 of 4.5% bonds due Feb. 15, 2024;

• $11,675,000 of 4.75% bonds due Feb. 15, 2025; and

• $11,675,000 of 4.75% bonds due Feb. 15, 2026.

U.S. Bank NA is the trustee.


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