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Published on 1/14/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Keller ISD, Texas, defeases 2005 ULT refunding, school building bonds

By Tali Rackner

Norfolk, Va., Jan. 14 – The Keller Independent School District of Texas defeased $37.15 million of its series 2005 unlimited tax refunding bonds and $3,535,000 of its series 2005 unlimited tax school building and refunding bonds, according to a Rule 15c2-12 filing with the Securities and Exchange Commission.

The refunding bonds are due Aug. 15, 2016 through 2024, and the school building and refunding bonds are due Aug. 15, 2016 through 2020. They will be redeemed at par on Aug. 15, 2015.


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