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Prospect News home > News index > List of issuers K > Headlines for Keller Independent School District > News item
Published on 7/2/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Keller ISD, Texas, to redeem full 2005 unlimited tax refunding bonds

By Tali Rackner

Norfolk, Va., July 2 – The Keller Independent School District of Texas plans to redeem its series 2005 unlimited tax bonds in full, according to multiple notices.

The bonds will be redeemed at par plus accrued interest on Aug. 15.

The following ULT refunding bonds will be redeemed:

• $5.08 million of 5% bonds due Aug. 15, 2016;

• $5.33 million of 5% bonds due Aug. 15, 2017;

• $5.18 million of 5% bonds due Aug. 15, 2018;

• $60,000 of 4% bonds due Aug. 15, 2019;

• $65,000 of 4% bonds due Aug. 15, 2020;

• $2,275,000 of 5% bonds due Aug. 15, 2021;

• $8,085,000 of 5% bonds due Aug. 15, 2022;

• $8.49 million of 4.75% bonds due Aug. 15, 2023;

• $2,585,000 of 4.75% bonds due Aug. 15, 2024;

• $2,725,000 of 4.75% bonds due Aug. 15, 2025;

• $6,395,000 of 4.75% bonds due Aug. 15, 2026;

• $6,705,000 of 4.75% bonds due Aug. 15, 2027;

• $14.35 million of 4.45% bonds due Aug. 15, 2029; and

• $7,665,000 of 4.75% bonds due Aug. 15, 2030.

The following ULT school building and refunding bonds will be redeemed:

• $615,000 of 5% bonds due Aug. 15, 2016;

• $715,000 of 5% bonds due Aug. 15, 2017;

• $765,000 of 5% bonds due Aug. 15, 2018;

• $670,000 of 4% bonds due Aug. 15, 2019;

• $770,000 of 4.125% bonds due Aug. 15, 2020;

• $830,000 of 4.2% bonds due Aug. 15, 2021;

• $940,000 of 4.25% bonds due Aug. 15, 2022;

• $1,055,000 of 5% bonds due Aug. 15, 2023; and

• $2,335,000 of 5% bonds due Aug. 15, 2024.

The following ULT school building and refunding bonds (refunded) will be redeemed:

• $330,000 of 5% bonds due Aug. 15, 2016; and

• $4.01 million of 5% bonds due Aug. 15, 2026.

The following ULT school building and refunding bonds (unrefunded) will be redeemed:

• $2.53 million of 5% bonds due Aug. 15, 2025;

• $1.47 million of 5% bonds due Aug. 15, 2026;

• $1.55 million of 5% bonds due Aug. 15, 2027;

• $1.71 million of 4.55% bonds due Aug. 15, 2028; and

• $3.54 million of 5% bonds due Aug. 15, 2030.

The following ULT school building and refunding bonds (second refunding) will be redeemed:

• $2.37 million of 5% bonds due Aug. 15, 2016;

• $3.16 million of 5% bonds due Aug. 15, 2017;

• $3,365,000 of 5% bonds due Aug. 15, 2018;

• $2,955,000 of 4% bonds due Aug. 15, 2019;

• $3,395,000 of 4.125% bonds due Aug. 15, 2020;

• $3.65 million of 4.2% bonds due Aug. 15, 2021;

• $4.14 million of 4.25% bonds due Aug. 15, 2022;

• $4.65 million of 5% bonds due Aug. 15, 2023;

• $10,285,000 of 5% bonds due Aug. 15, 2024;

• $11,145,000 of 5% bonds due Aug. 15, 2025;

• $2.45 million of 5% bonds due Aug. 15, 2026;

• $6.83 million of 5% bonds due Aug. 15, 2027;

• $7.52 million of 4.55% bonds due Aug. 15, 2028; and

• $15,585,000 of 5% bonds due Aug. 15, 2030.

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


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