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Baltimore defeases $72.11 million 2007D water project revenue bonds
By Tali Rackner
Norfolk, Va., Dec. 9 – The City of Baltimore defeased $72.11 million of its 5% series 2007D wastewater project revenue bonds, according to multiple notices.
The bonds, which are due July 1, 2018 through 2027, 2032 and 2037, will be redeemed at par plus accrued interest on July 1, 2017.
In addition, the city defeased the following wastewater project bonds:
• $9.6 million of series 2002A refunding revenue auction-rate bonds;
• $12.8 million of series 2002B refunding revenue auction-rate bonds;
• $19.4 million of series 2002C refunding revenue subordinate-lien auction-rate bonds;
• $1.67 million of series 2005A revenue bonds;
• $2,905,000 of series 2005B revenue bonds;
• $18,765,000 of series 2006A subordinate revenue bonds;
• $20,905,000 of series 2006C revenue bonds;
• $12,435,000 of series 2008A revenue bonds; and
• $3.62 million of series 2009C revenue bonds.
Manufacturers and Traders Trust Co. is the escrow deposit agent.
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