North Texas Tollway's 2011A first tier bonds have mandatory tender

By Tali Rackner

Norfolk, Va., April 16 - The North Texas Tollway Authority System's 2011A first tier variable-rate revenue refunding bonds are subject to mandatory tender, according to a notice.

The notes will be purchased at par plus accrued interest on April 30.

Also on April 30, all outstanding bonds will be converted into an interest floating-rate mode.

Wells Fargo Bank, NA is the trustee.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.