Published on 7/15/2009 in the Prospect News Municipals Daily.
Harris County, Texas, calls $207.87 million series 1989 revenue bonds
By Angela McDaniels
Tacoma, Wash., July 15 - Harris County, Texas, will redeem $207,873,429 principal amount of its series 1989 toll road senior-lien capital appreciation revenue bonds on Aug. 15, according to a notice from the county.
The affected bonds, their principal amounts at maturity, accreted values at redemption and redemption prices are noted in the table below.
The county seat is Houston.
Harris County redemptions
Maturity | Principal amount | Accreted value | Redemption price
|
Aug. 15, 2018 | $52 million | $27,944,720 | 53.836%
|
Aug. 15, 2019 | $52 million | $26,133,120 | 50.256%
|
Aug. 15, 2020 | $52 million | $24,395,800 | 49.915%
|
Aug. 15, 2021 | $51,837,429 | $22,190,238 | 43.795%
|
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