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Published on 3/27/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Missouri Development defeases $68.94 million 2007B Kauffman Center bonds

By Tali Rackner

Norfolk, Va., March 27 – The Missouri Development Finance Board defeased $68,935,000 of its series 2007B cultural facilities revenue bonds issued for the Kauffman Center for the Performing Arts project, according to a notice.

The following will be redeemed at par plus accrued interest on June 1, 2017:

• $48,935,000 of 5% bonds due June 1, 2037; and

• $20 million of 4.75% bonds due June 1, 2037.

Commerce Bank is the trustee.


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