Detroit calls all 2005-A senior-lien water supply system revenue bonds

By Tali Rackner

Norfolk, Va., Dec. 16 – The City of Detroit will redeem all of its series 2005-A senior-lien water supply system revenue bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Jan. 14:

• $45,000 of 3.9% bonds due July 1, 2016;

• $1.18 million of 5% bonds due July 1, 2016;

• $90,000 of 4% bonds due July 1, 2017;

• $1.74 million of 5% bonds due July 1, 2017;

• $15,000 of 4% bonds due July 1, 2018;

• $1.77 million of 5% bonds due July 1, 2018;

• $1.79 million of 5% bonds due July 1, 2019;

• $3.03 million of 5% bonds due July 1, 2021;

• $770,000 of 5% bonds due July 1, 2025;

• $2 million of 5% bonds due July 1, 2026;

• $3,375,000 of 5% bonds due July 1, 2027;

• $3,675,000 of 5% bonds due July 1, 2028;

• $4,475,000 of 4.5% bonds due July 1, 2029;

• $4.65 million of 4.5% bonds due July 1, 2030;

• $5.18 million of 4.5% bonds due July 1, 2031;

• $5,455,000 of 4.5% bonds due July 1, 2032; and

• $18.64 million of 4.5% bonds due July 1, 2035.

U.S. Bank NA is the trustee or agent.

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