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Published on 4/19/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Capital Area, Texas, series 2005 Roman Catholic Diocese of Austin bonds have mandatory tender

By Marisa Wong

Milwaukee, April 19 - The Capital Area Cultural Education Facilities Finance Corp. of Texas gave notice that its $76.1 million series 2005 Roman Catholic Diocese of Austin variable-rate revenue bonds due 2045 have a mandatory tender for purchase on April 30.

The bonds have a mandatory tender because the bonds will be converted in part to the term-rate mode and in part to the fixed-rate mode effective April 30.

The bonds will be purchased at par plus accrued interest up to the purchase date.

Wells Fargo Bank, NA is the agent.


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