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Published on 5/16/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Northwest Parkway, Colo., calls $208.74 million revenue bonds

By Melissa Kory

Cleveland, May 16 - The Northwest Parkway Public Highway Authority of Colorado said it will redeem its $158.045 million of series 2001A senior revenue bonds and $50.695 million of 7.125% series 2001D first-tier subordinate revenue bonds due June 15, 2041.

The series 2001A bonds affected include:

• $2.28 million of 5% bonds due June 15, 2012;

• $2.395 million of 5% bonds due June 15, 2013;

• $2.515 million of 5.15% bonds due June 15, 2014;

• $2.645 million of 5.5% bonds due June 15, 2015;

• $2.79 million of 5.5% bonds due June 15, 2016;

• $2.945 million of 5.25% bonds due June 15, 2017;

• $3.095 million of 5.5% bonds due June 15, 2018;

• $3.27 million of 5.5% bonds due June 15, 2019;

• $3.445 million of 5.5% bonds due June 15, 2020;

• $3.635 million of 5.5% bonds due June 15, 2021;

• $21.255 million of 5.125% bonds due June 15, 2026;

• $27.29 million of 5.125% bonds due June 15, 2031; and

• $80.485 million of 5.25% bonds due June 15, 2041.

The bonds will be redeemed on June 15 at 102 plus accrued interest to the redemption date.

Wells Fargo Bank, NA is the redemption agent.


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