Dallas defeases $100.37 million series 2003 G.O. bonds due 2013-2023

By Melissa Kory

Cleveland, Nov. 30 - The City of Dallas announced that it defeased a portion of it series 2003 general obligation bonds due Feb. 15, 2013 through Feb. 15, 2023, totaling $100.37 million.

Affected are the following bonds:

• All $9.125 million of 3.75% bonds due Feb. 15, 2013;

• All $9.125 million of 3.75% bonds due Feb. 15, 2014;

• All $9.125 million of 4% bonds due Feb. 15, 2015;

• All $9.125 million of 4% bonds due Feb. 15, 2016;

•All $9.125 million of 4.25% bonds due Feb. 15, 2017;

• All $9.125 million of 4.25% bonds due Feb. 15, 2018;

• All $9.125 million of 4.25% bonds due Feb. 15, 2019;

• All $9.125 million of 4.5% bonds due Feb. 15, 2020;

• All $9.125 million of 4.5% due Feb. 15, 2021;

• All $9.125 million of 4.5% bonds due Feb. 15, 2022; and

• All $9.12 million of 4.5% bonds due Feb. 15, 2023.

The defeased bonds will be called for redemption on Feb. 15, 2012 at par plus accrued interest to the redemption date.

Wells Fargo Bank, NA is the agent.

© 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.