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Published on 2/12/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Texas Water calls 2004 water financial assistance G.O. bonds

By Tali Rackner

Norfolk, Va., Feb. 12 – The Texas Water Development Board called its series 2004 general obligation water financial assistance bonds, according to multiple notices.

The board will redeem $22.27 million of series 2004A bonds due Aug. 1, 2015 to 2022, 2034, 2037 and 2043.

It will also redeem $16,805,000 of series 2004B refunding bonds due Aug. 1, 2015 to 2017 and 2019 to 2025.

In addition, the board called $68.22 million of series 2004C bonds due Aug. 1, 2015 to 2027 and 2029.

Finally, it plans to redeem $13,565,000 of series 2004E taxable refunding bonds due Aug. 1, 2015 to 2016, 2018, 2020 and 2024.

The bonds will be redeemed at par on March 10.

The Bank of New York Mellon Trust Co., NA is the trustee agent.


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