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Published on 11/6/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Chicago Park District calls some series 2006A, 2006B, 2006D G.O bonds

By Wendy Van Sickle

Columbus, Ohio, Nov. 6 – Chicago Park District called $71.75 million of its general obligation unlimited tax refunding bonds, series2006B and 2006D, and $28.5 million of its G.O. limited tax park bonds, series 2006A, according to three notices.

The following 2006B 5% bonds will be redeemed Jan. 1 at par plus accrued interest:

• $4.62 million of bonds due Jan. 1, 2017;

• $5 million of bonds due Jan. 1, 2018;

• $5.23 million of bonds due Jan. 1, 2019;

• $5.5 million of bonds due Jan. 1, 2020; and

• $5,775,000 of bonds due Jan. 1, 2021.

The following 2006D bonds will be redeemed Jan. 1 at par plus accrued interest:

• $4,225,000 of 5% bonds due Jan. 1, 2017;

• $4.48 million of 5% bonds due Jan. 1, 2018;

• $4.66 million of 5% bonds due Jan. 1, 2019;

• $4,845,000 of 5% bonds due Jan. 1, 2020;

• $5.12 million of 5% bonds due Jan. 1, 2021;

• $1.7 million of 4.375% bonds due Jan. 1, 2022;

• $1.78 million of 4.375% bonds due Jan. 1, 2023;

• $1.86 million of 4.375% bonds due Jan. 1, 2024;

• $1,935,000 of 4.5% bonds due Jan. 1, 2025;

• $3,485,000 of 5% bonds due Jan. 1, 2026; and

• $11,535,000 of 5% bonds due Jan. 1, 2029.

The following 2006A 5% bonds will be redeemed Jan. 1 at par plus accrued interest:

• $2,585,000 of bonds due Jan. 1, 2022;

• $2.17 million of bonds due Jan. 1, 2023;

• $2.85 million of bonds due Jan. 1, 2024;

• $3 million of bonds due Jan. 1, 2025;

• $3.14 million of bonds due Jan. 1, 2026;

• $3.3 million of bonds due Jan. 1, 2027; and

• $10,915,000 of bonds due Jan. 1, 2031.

Amalgamated Bank of Chicago is the bond registrar and paying agent.


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