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Published on 3/12/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Northwest ISD, Texas, defeases $93.31 million 2007 unlimited tax bonds

By Tali Rackner

Norfolk, Va., March 12 – The Northwest Independent School District, Texas, defeased $93.31 million of its series 2007 unlimited tax school building bonds, according to a notice.

The 5% bonds, which are due Feb. 15, 2018 to 2024, 2027 to 2029 and 2031 to 2032, will be redeemed at par plus accrued interest on Feb. 15, 2017.

Regions Bank is the agent.


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