Chester County, Pa., defeases $84.14 million series 2006 G.O. bonds

By Tali Rackner

Norfolk, Va., May 1 – Chester County, Pa., defeased $84,135,000 of its series 2006 general obligation bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Nov. 15, 2016:

• $7,775,000 of bonds due Nov. 15, 2017;

• $8.15 million of bonds due Nov. 15, 2018;

• $7,935,000 of bonds due Nov. 15, 2019;

• $8.27 million of bonds due Nov. 15, 2020;

• $10.53 million of bonds due Nov. 15, 2021;

• $10.99 million of bonds due Nov. 15, 2022;

• $14.92 million of bonds due Nov. 15, 2023; and

• $15,565,000 of bonds due Nov. 15, 2024.

The Bank of New York Mellon Trust Co., NA is the escrow agent and paying agent.

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